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: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish