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
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold