ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 0.769300000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.722500000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.7631792 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.769300000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.819300000 |
| 2nd High | 0.783900000 |
| Next High | 0.769300000 |
| Current Price | 0.753800000 |
| Next Low | 0.722500000 |
| 2nd Low | 0.717100000 |
| 3rd Low | 0.696100000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers