ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.954000000 is expected.
Caution: A possible change in the direction of support at 0.910100000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.964300000 |
| Next High | 0.954000000 |
| Current Price | 0.917000000 |
| Next Low | 0.910100000 |
| 2nd Low | 0.882500000 |
| 3rd Low | 0.865800000 |
0.954000000 – 0.937200000 – 0.909700000 – 0.910100000 – 0.914300000 – 0.882500000 — 35.912397575912 – 42.47208517122
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –