Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support level at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.821200000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.900800000 |
| 2nd High | 0.855900000 |
| Next High | 0.821200000 |
| Current Price | 0.805800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.821200000 – 0.820500000 – 0.806900000 – 0.800900000 – 0.796400000 – 0.789800000 — 47.559295600377 – 44.473432746178
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –