The pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 0.2657 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.2558 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2769 |
| 2nd High | 0.268 |
| Next High | 0.2657 |
| Current Price | 0.264100000 |
| Next Low | 0.2558 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2454 |
0.2657 – 0.2599 – 0.255 – 0.2558 – 0.247 – 0.2473 —
0.262700000 – 0.264200000 —
62.232629660831 – 56.247953311561 —
– —
0.2657 – 1778018400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –