The currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.722500000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.769300000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.819300000 |
2nd High | 0.783900000 |
Next High | 0.769300000 |
Current Price | 0.755000000 |
Next Low | 0.722500000 |
2nd Low | 0.717100000 |
3rd Low | 0.696100000 |