There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.901100000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.968400000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Falling Window’ candle pattern is existing. The chart forms ‘Falling Window’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.987800000 |
| 2nd High | 0.979500000 |
| Next High | 0.968400000 |
| Current Price | 0.898300000 |
| Next Low | 0.901100000 |
| 2nd Low | 0.878100000 |
| 3rd Low | 0.861600000 |
0.968400000 – 0.979500000 – 0.987800000 – 0.943400000 – 0.904500000 – 0.901100000 — 42.777788912153 – 36.360665788865
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Falling Window – Symmetrical Triangle Chart Pattern – –