ADA/USDT – 30M – BUYThe currency pair moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.458700000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.427200000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. this 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 White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.458700000 |
| Current Price | 0.439800000 |
| Next Low | 0.427200000 |
| 2nd Low | 0.365700000 |
| 3rd Low | 0.351400000 |