ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.821200000 will persist.
Caution: A possible change in the direction of the support level at 0.796400000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Bullish Engulfing’ chart pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.900800000 |
| 2nd High | 0.855900000 |
| Next High | 0.821200000 |
| Current Price | 0.819000000 |
| Next Low | 0.796400000 |
| 2nd Low | 0.789800000 |
| 3rd Low | 0.775900000 |
0.821200000 – 0.820500000 – 0.806900000 – 0.796400000 – 0.789800000 – 0.775900000 — 51.133369177017 – 57.840924476612
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –