Then a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Cardano/Tether (ADA/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support at 0.774700000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.855900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.937300000 |
| Next High | 0.855900000 |
| Current Price | 0.792000000 |
| Next Low | 0.774700000 |
| 2nd Low | 0.742000000 |
| 3rd Low | 0.711400000 |
0.855900000 – 0.839400000 – 0.838700000 – 0.814100000 – 0.774700000 – 0.837000000 — 28.190382080172 – 27.258771786103
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –