ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support at 0.850700000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.912300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.940300000 |
| 2nd High | 0.928100000 |
| Next High | 0.912300000 |
| Current Price | 0.865600000 |
| Next Low | 0.850700000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing