Buy ADA/USDT – 30M – BUY

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:

Forex and Crypto Live Trading Signals - MyLiveSignals