The pair Cardano/Tether (ADA/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.326400000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.037500000 could be enabled.
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 continue. Target of the current trend is 1.3264 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.326400000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Line Strike – Bullish’ candle chart pattern is found. The chart forms ‘Three Line Strike – Bullish’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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