The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.3739 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.3466 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish SBS White Lines’ candle pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 – – –