ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) moves from the bearish trendline upwards
The bullish trend up to the next resistance at 1.121000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.886700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Engulfing’ chart pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.121000000 |
| Current Price | 0.887100000 |
| Next Low | 0.886700000 |
| 2nd Low | 0.874300000 |
| 3rd Low | 0.851800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing