ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.121000000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.945000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Latter Bottom’ candle pattern is detected. The chart shows ‘Latter Bottom’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.121000000 |
| Current Price | 1.055900000 |
| Next Low | 0.945000000 |
| 2nd Low | 0.924500000 |
| 3rd Low | 0.838000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Latter Bottom