Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance line at 0.924900000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 0.869800000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading 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

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