The currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 1.148000000 is expected.
Caution: A possible change in the direction of the support level at 1.021100000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. 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 | 1.154200000 |
Next High | 1.148000000 |
Current Price | 1.083500000 |
Next Low | 1.021100000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers