There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.769400000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.789800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.855900000 |
| 2nd High | 0.809900000 |
| Next High | 0.789800000 |
| Current Price | 0.773400000 |
| Next Low | 0.769400000 |
| 2nd Low | 0.742000000 |
| 3rd Low | 0.711400000 |
0.789800000 – 0.809900000 – 0.855900000 – 0.769400000 – 0.779900000 – 0.824100000 — 44.479445621181 – 35.871410894637
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –