Buy ADA/USDT – 4H – BUY

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 1.326400000 will persist.

Caution: A possible change in the direction of the support level at 1.037500000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.3264 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 1.326400000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Line Strike – Bullish’ candlestick pattern is discovered. The chart shows ‘Three Line Strike – Bullish’. which 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 ‘Three Line Strike – Bullish’ going 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:

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