ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support at 0.838000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.121000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bullish Harami’ chart pattern is existing. The chart forms ‘Bullish Harami’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Harami’ going up is 53% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.121000000 |
| Current Price | 1.021200000 |
| Next Low | 0.838000000 |
| 2nd Low | 0.829600000 |
| 3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Harami