ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support line at is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.019300000 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.019300000 |
| Current Price | 0.914000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.019300000 – 0.889400000 – 0.857900000 – 0.861600000 – 0.833400000 – 0.765800000 — 40.543732882682 – 37.392043278012