The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.273 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.2625 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Bullish Belt Hold’ candle pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2955 |
| 2nd High | 0.2767 |
| Next High | 0.273 |
| Current Price | 0.265900000 |
| Next Low | 0.2625 |
| 2nd Low | 0.2621 |
| 3rd Low | 0.2585 |
0.273 – 0.2767 – 0.2955 – 0.2625 – 0.2696 – 0.2621 —
0.269100000 – 0.264300000 —
41.260983651492 – 34.975902653762 —
– —
0.273 – 1773982800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –