The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 0.924900000 will persist.
Caution: A possible trend reversal in the direction of support at 0.869800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.133200000 |
2nd High | 1.121000000 |
Next High | 0.924900000 |
Current Price | 0.914800000 |
Next Low | 0.869800000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers