There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at is likely expected.
Caution: A possible change in the direction of the resistance line at 0.942600000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.019300000 |
| 2nd High | 0.987800000 |
| Next High | 0.942600000 |
| Current Price | 0.856800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.942600000 – 0.987800000 – 1.019300000 – 0.821800000 – 0.837100000 – 0.765800000 — 43.062543545705 – 39.989844548363
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –