ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 1.148000000 is expected.
Caution: A possible change in the direction of the support line at 1.021100000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Engulfing’ candle pattern is discovered. The chart forms ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.154200000 |
| Next High | 1.148000000 |
| Current Price | 1.076100000 |
| Next Low | 1.021100000 |
| 2nd Low | 0.851800000 |
| 3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing