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