Buy ADA/USDT – 30M – BUY

The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.

A descending movement down to the next support level at 1.057500000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 1.116200000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going 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

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