Buy ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 0.924900000 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.869800000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.133200000
2nd High 1.121000000
Next High 0.924900000
Current Price 0.914800000
Next Low 0.869800000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

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