The combination Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.2769 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.247 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘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 | 0.2963 |
| 2nd High | 0.2955 |
| Next High | 0.2769 |
| Current Price | 0.272600000 |
| Next Low | 0.247 |
| 2nd Low | 0.2383 |
| 3rd Low | 0.2381 |
0.2657 – 0.2599 – 0.255 – 0.247 – 0.2473 – 0.2475 —
0.263000000 – 0.265300000 —
62.146457133166 – 65.834608910222 —
– —
0.2657 – 1778018400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –