ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 1.019300000 will persist.
Caution: A possible reversal of the trend in the direction of support at is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Above the Stomach’ chart pattern is found. The candles form ‘Above the Stomach’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.019300000 |
| Current Price | 0.935700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.019300000 – 0.889400000 – 0.857900000 – 0.878100000 – 0.885300000 – 0.861600000 — 50.58206396384 – 55.564781799167
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Above the Stomach – – –