Buy ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support line at 0.858900000 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.928100000 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. this 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’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.121000000
2nd High 0.940300000
Next High 0.928100000
Current Price 0.874300000
Next Low 0.858900000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

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