The pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.268 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.2558 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candle 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 success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2955 |
| 2nd High | 0.2769 |
| Next High | 0.268 |
| Current Price | 0.263200000 |
| Next Low | 0.2558 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2454 |
0.2599 – 0.255 – 0.2518 – 0.2558 – 0.247 – 0.2473 —
0.258000000 – 0.259400000 —
58.914485022415 – 66.415253535241 —
– —
0.2599 – 1777977000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –