ADA/USDT – 30M – BUYThere is also a ‘Double top retreat up’ chart formation is detected. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to go up.
The pair Cardano/Tether (ADA/USDT) moves from the descending trendline up.
An ascending movement upwards to the next resistance at 0.848600000 is expected.
Caution: A possible change in the direction of the support line at 0.814800000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Above the Stomach’ candle pattern is detected. The chart forms ‘Above the Stomach’. 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 ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.874000000 |
| 2nd High | 0.866400000 |
| Next High | 0.848600000 |
| Current Price | 0.820000000 |
| Next Low | 0.814800000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.848600000 – 0.866400000 – 0.874000000 – 0.814800000 – 0.844100000 – 0.853000000 — 37.781086060115 – 44.951835790555
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Above the Stomach – Double top retreat up – –