ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.1734 is expected.
Caution: A possible change in the direction of the support level at 0.169 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1745 |
| 2nd High | 0.1744 |
| Next High | 0.1734 |
| Current Price | 0.173700000 |
| Next Low | 0.169 |
| 2nd Low | 0.1687 |
| 3rd Low | 0.1677 |
0.1734 – 0.1744 – 0.1736 – 0.169 – 0.1687 – 0.1677 —
0.172100000 – 0.173000000 —
57.02549071939 – 56.302734152432 —
– —
0.1734 – 1781314200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –