ADA/USDT – 4H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.3739 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.3466 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish SBS White Lines’ candle chart pattern is existing. The candles show ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4273 |
| 2nd High | 0.4042 |
| Next High | 0.3739 |
| Current Price | 0.358800000 |
| Next Low | 0.3466 |
| 2nd Low | 0.3421 |
| 3rd Low | 0.3294 |
0.3739 – 0.4042 – 0.4273 – 0.3466 – 0.3421 – 0.3788 —
0.361600000 – 0.360500000 —
42.406325542016 – 40.833649169041 —
– —
0.37390 – 1769025600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish SBS White Lines – – –