The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 0.2508 is expected.
Caution: A possible trend reversal in the direction of support at 0.2438 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish SBS White Lines’ candlestick pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2769 |
| 2nd High | 0.268 |
| Next High | 0.2508 |
| Current Price | 0.245600000 |
| Next Low | 0.2438 |
| 2nd Low | 0.2381 |
| 3rd Low | 0.2374 |
0.2508 – 0.268 – 0.2615 – 0.2473 – 0.252 – 0.2454 —
0.247400000 – 0.246000000 —
34.229087958739 – 34.211556951515 —
– —
0.2508 – 1776553200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish SBS White Lines – – –