The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 1.181900000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 1.105000000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Three Line Strike – Bullish’ candle chart pattern is found. The chart forms ‘Three Line Strike – Bullish’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.220000000 |
2nd High | 1.198800000 |
Next High | 1.181900000 |
Current Price | 1.100400000 |
Next Low | 1.105000000 |
2nd Low | 1.072800000 |
3rd Low | 0.994000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish