The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 1.326400000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.037500000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.3264 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.326400000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Line Strike – Bullish’ chart pattern is found. The candles form ‘Three Line Strike – Bullish’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.326400000 |
Current Price | 1.190900000 |
Next Low | 1.037500000 |
2nd Low | 0.874300000 |
3rd Low | 0.696100000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish