Buy ADA/USDT – 1H – BUY

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

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