There is also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support line at will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.568800000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.588400000 |
2nd High | 0.581900000 |
Next High | 0.568800000 |
Current Price | 0.557800000 |
Next Low | |
2nd Low | |
3rd Low |
0.568800000 – 0.563300000 – 0.581900000 – 0.555400000 – 0.545000000 – 0.548800000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – – Rising Wedge Chart Pattern