Buy ADA/USDT – 4H – BUY

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

A continuation of the upward movement upwards to the next resistance at 1.326400000 will continue.

Caution: A possible trend reversal in the direction of the support zone at 1.037500000 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 1.3264 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.326400000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Line Strike – Bullish’ candle chart pattern is found. The candles show ‘Three Line Strike – Bullish’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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

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