Get started
jisooturtlerabbitkim

Short-term bearish trend continuation

Cardano / TetherUS (BINANCE:ADAUSDT)  
jisooturtlerabbitkim Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Chart Patterns cardano usdt Bearish Patterns cardanousdt ADAUSDT ADA shortterm
4
4
chartpattern cardano usdt bearish cardanousdt adausdt ada shortterm
The chart is forming a symmetrical triangle which signifies a trend continuation. The price may bounce to another support before retesting the ¢6.93 level, and a potential bounce to the upside!

This is my first ever analysis, a feedback would be appreciated!
-JISOO

*NOT A FINANCIAL ADVICE*
Comment:
The price broke into the symmetrical triangle. However, it is approaching
Comment:
the make or break levels at around ¢ 9.7 level. If it break the overhead resistance at this level, expect a trend reversal. If it fails, the triangle may act a support and continue to the previous target. - JISOO
Comment:
P.S. There is also a decrease in volume so be mindful!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.