ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.879500000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.829600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. 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 | 0.912300000 |
| 2nd High | 0.904800000 |
| Next High | 0.879500000 |
| Current Price | 0.861500000 |
| Next Low | 0.829600000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up