Buy ADA/USDT – 30M – BUY

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline down.

A descending movement down to the next support level at 0.829600000 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.881400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bullish Engulfing’ candle chart pattern is detected. The candles form ‘Bullish Engulfing’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 0.912300000
2nd High 0.904800000
Next High 0.881400000
Current Price 0.858200000
Next Low 0.829600000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

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