The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.2576 will continue.
Caution: A possible trend reversal in the direction of support at 0.2441 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2769 |
| 2nd High | 0.268 |
| Next High | 0.2576 |
| Current Price | 0.247800000 |
| Next Low | 0.2441 |
| 2nd Low | 0.2408 |
| 3rd Low | 0.2381 |
0.2576 – 0.2525 – 0.2514 – 0.2441 – 0.2408 – 0.2444 —
0.252400000 – 0.247400000 —
47.325050385093 – 33.010077320435 —
– —
0.2576 – 1776834000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –