The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.1494 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.1396 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1601 |
| 2nd High | 0.1544 |
| Next High | 0.1494 |
| Current Price | 0.149100000 |
| Next Low | 0.1396 |
| 2nd Low | |
| 3rd Low |
0.1494 – 0.1544 – 0.1601 – 0.1396 – 0.1493 – 0.1498 —
0.149200000 – 0.147700000 —
60.04758835234 – 55.332218162267 —
– —
0.1494 – 1782338400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –