ADA/USDT – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.856600000 is certain.
Caution: A possible change in the direction of resistance at 0.887200000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
In addition a ‘Shooting Star’ candlestick pattern is discovered. The candles form ‘Shooting Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 – –