ADA/USDT – 1H – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support line at 0.434600000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.4558 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4735 |
| 2nd High | 0.471 |
| Next High | 0.4558 |
| Current Price | 0.439100000 |
| Next Low | 0.434600000 |
| 2nd Low | 0.4265 |
| 3rd Low | 0.3707 |
0.4558 – 0.4472 – 0.4274 – 0.434600000 – 0.4265 – 0.3707 — 46.115908038432 – 45.190440607898 — 21.893802208073 – 20.809237299687 – 22.681101570055 – 22.747304814014
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Rising Wedge Chart Pattern – –