The combination Cardano/Tether (ADA/USDT) goes from the bullish trendline down.
A descent downwards to the next support level at 1.057500000 is considered certain.
Caution: A possible change in the direction of the resistance line at 1.116200000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Belt Hold’ candle pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.121000000 |
2nd High | 1.119400000 |
Next High | 1.116200000 |
Current Price | 1.087800000 |
Next Low | 1.057500000 |
2nd Low | 1.052100000 |
3rd Low | 0.945000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold