The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.305 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.2817 is also possible.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Three Line Strike – Bullish’ candle chart pattern is detected. The candles form ‘Three Line Strike – Bullish’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3647 |
| 2nd High | 0.3319 |
| Next High | 0.305 |
| Current Price | 0.287700000 |
| Next Low | 0.2817 |
| 2nd Low | 0.2757 |
| 3rd Low | 0.2685 |
0.305 – 0.3034 – 0.2936 – 0.2817 – 0.2934 – 0.2757 —
0.302300000 – 0.288900000 —
53.433078317932 – 36.339899103868 —
– —
0.305 – 1770132000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish – – –