In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
The bearish trend down to the next support line at 0.802600000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.828100000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.850000000 |
| 2nd High | 0.838900000 |
| Next High | 0.828100000 |
| Current Price | 0.815800000 |
| Next Low | 0.802600000 |
| 2nd Low | 0.800300000 |
| 3rd Low | 0.781800000 |
0.828100000 – 0.838900000 – 0.850000000 – 0.818800000 – 0.818300000 – 0.802600000 — 34.687976623694 – 32.844003686284
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –