ADA/USDT – 4H – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline up.
A bullish movement upwards to the next resistance at 0.940300000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.858900000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ candlestick pattern is found. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.121000000 |
| Next High | 0.940300000 |
| Current Price | 0.874300000 |
| Next Low | 0.858900000 |
| 2nd Low | 0.696100000 |
| 3rd Low | 0.541700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up