The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.838900000 is certain.
Caution: A possible change in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Bullish Belt Hold’ chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.866400000 |
| 2nd High | 0.850000000 |
| Next High | 0.838900000 |
| Current Price | 0.833700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.838900000 – 0.850000000 – 0.818800000 – 0.818300000 – 0.802600000 – 0.813900000 — 48.078690209187 – 54.096559123931
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –