The pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.115000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 1.052100000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.1194 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.115000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.121000000 |
2nd High | 1.119400000 |
Next High | 1.115000000 |
Current Price | 1.092300000 |
Next Low | 1.052100000 |
2nd Low | 0.945000000 |
3rd Low | 0.924500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers