ADA/USDT – 1H – BUYThe pair goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.427200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.4587 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which 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 White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.496700000 |
| Next Low | 0.427200000 |
| 2nd Low | 0.351400000 |
| 3rd Low | 0.328700000 |