The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 1.082400000 will persist.
Caution: A possible counter-trend in the direction of support at 1.056500000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Advance Block’ candlestick chart pattern is detected. The chart forms ‘Advance Block’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.119400000 |
2nd High | 1.093000000 |
Next High | 1.082400000 |
Current Price | 1.075600000 |
Next Low | 1.056500000 |
2nd Low | 0.945000000 |
3rd Low | 0.924500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Advance Block