ADA/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A descending movement down to the next support line at 0.856600000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.887200000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Shooting Star’ candle chart pattern is discovered. The chart shows ‘Shooting Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.954000000 |
| 2nd High | 0.902500000 |
| Next High | 0.887200000 |
| Current Price | 0.864800000 |
| Next Low | 0.856600000 |
| 2nd Low | 0.853000000 |
| 3rd Low | 0.852400000 |
0.887200000 – 0.884100000 – 0.866100000 – 0.866800000 – 0.856600000 – 0.853000000 — 34.717313753446 – 34.587063217013
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –