And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.796400000 will continue.
Caution: A possible change in the direction of the resistance level at 0.820500000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.900800000 |
| 2nd High | 0.855900000 |
| Next High | 0.820500000 |
| Current Price | 0.802100000 |
| Next Low | 0.796400000 |
| 2nd Low | 0.789800000 |
| 3rd Low | 0.775900000 |
0.820500000 – 0.806900000 – 0.801200000 – 0.796400000 – 0.789800000 – 0.775900000 — 44.217035420415 – 41.769651143682
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Rising Wedge Chart Pattern – –