Additionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support at 0.3553 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.4228 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4747 |
| 2nd High | 0.4374 |
| Next High | 0.4228 |
| Current Price | 0.400000000 |
| Next Low | 0.3553 |
| 2nd Low | 0.332 |
| 3rd Low | 0.3294 |
0.4228 – 0.4221 – 0.4374 – 0.4004 – 0.409 – 0.4011 — 44.443469190954 – 40.827956076478 — 66.24584128831 – 68.75389101871 – 55.977735255641 – 65.348159668409
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Rising Wedge Chart Pattern – –