The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support at 0.858900000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.928100000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading 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
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers