The pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.1628 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.1527 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1639 |
| 2nd High | 0.1633 |
| Next High | 0.1628 |
| Current Price | 0.166800000 |
| Next Low | 0.1527 |
| 2nd Low | 0.142 |
| 3rd Low | 0.1412 |
0.1628 – 0.1566 – 0.158 – 0.1527 – 0.142 – 0.1421 —
0.161700000 – 0.165200000 —
61.223322169783 – 70.959249074875 —
– —
0.1628 – 1782999000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –