The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.881400000 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.829600000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.912300000 |
2nd High | 0.904800000 |
Next High | 0.881400000 |
Current Price | 0.857100000 |
Next Low | 0.829600000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold