ADA/USDT – 4H – BUYThe pair Cardano/Tether (ADA/USDT) goes from the descending trendline up.
A bullish movement upwards to the next resistance level at 0.940300000 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.858900000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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