Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 1.097000000 is expected.

Caution: A possible trend reversal in the direction of the support level at 1.037500000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.154200000
2nd High 1.149800000
Next High 1.097000000
Current Price 1.153300000
Next Low 1.037500000
2nd Low 0.969300000
3rd Low 0.874300000

Download ADA/USDT Signal Image

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