ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.
A descent downwards to the next support line at 1.057500000 is likely expected.
Caution: A possible change in the direction of resistance at 1.116200000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 1.119400000 |
| Next High | 1.116200000 |
| Current Price | 1.087800000 |
| Next Low | 1.057500000 |
| 2nd Low | 1.052100000 |
| 3rd Low | 0.838000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold