ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 0.2721 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.2594 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2922 |
| 2nd High | 0.2887 |
| Next High | 0.2721 |
| Current Price | 0.271800000 |
| Next Low | 0.2594 |
| 2nd Low | 0.2536 |
| 3rd Low | 0.2504 |
0.2721 – 0.2887 – 0.2922 – 0.2685 – 0.2691 – 0.2594 —
0.264600000 – 0.262300000 —
35.50244549466 – 35.59051770085 —
– —
0.2721 – 1772553600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –