ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.585700000 will persist.
Caution: A possible change in the direction of the support zone at 0.558700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Line Strike – Bullish’ candlestick pattern is found. The candles show ‘Three Line Strike – Bullish’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.611700000 |
| 2nd High | 0.588400000 |
| Next High | 0.585700000 |
| Current Price | 0.566000000 |
| Next Low | 0.558700000 |
| 2nd Low | 0.555000000 |
| 3rd Low | 0.545000000 |
0.585700000 – 0.566600000 – 0.568700000 – 0.558700000 – 0.555000000 – 0.559000000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Three Line Strike – Bullish –