Buy ADA/USDT – 30M – BUY

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

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