There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.904800000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937800000 |
| 2nd High | 0.906500000 |
| Next High | 0.904800000 |
| Current Price | 0.893100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.904800000 – 0.906500000 – 0.937800000 – 0.887100000 – 0.885500000 – 0.908000000 — 51.085065064315 – 47.001078600946
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –