Buy ADA/USDT – 4H – BUY

The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish trend downwards to the next support line at 0.858900000 is certain.

Caution: A possible change in the direction of the resistance line at 0.940300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.181900000
2nd High 1.121000000
Next High 0.940300000
Current Price 0.899800000
Next Low 0.858900000
2nd Low 0.696100000
3rd Low 0.541700000

Download ADA/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals