In addition a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The combination Cardano/Tether (ADA/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.888100000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.964300000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.979500000 |
| 2nd High | 0.968400000 |
| Next High | 0.964300000 |
| Current Price | 0.896200000 |
| Next Low | 0.888100000 |
| 2nd Low | 0.821800000 |
| 3rd Low | 0.765800000 |
0.964300000 – 0.921900000 – 0.939000000 – 0.888100000 – 0.906500000 – 0.891200000 — 45.835963704582 – 42.186739534947
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –