ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support at 1.057500000 is certain.
Caution: A possible change in the direction of the resistance line at 1.116200000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency 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 | 1.121000000 |
| 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