ADA/USDT – 4H – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.
A descent downwards to the next support at 0.826700000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.964300000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.019300000 |
| 2nd High | 0.987800000 |
| Next High | 0.964300000 |
| Current Price | 0.840000000 |
| Next Low | 0.826700000 |
| 2nd Low | 0.821800000 |
| 3rd Low | 0.765800000 |
0.964300000 – 0.942600000 – 0.987800000 – 0.826700000 – 0.821800000 – 0.837100000 — 45.105315344067 – 41.325821126438
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Rising Wedge Chart Pattern – –