ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
A descent down to the next support level at 0.945000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.982800000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 0.982800000 |
| Current Price | 0.968100000 |
| Next Low | 0.945000000 |
| 2nd Low | 0.924500000 |
| 3rd Low | 0.838000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold