ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 1.188100000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.217000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.241700000 |
| 2nd High | 1.239300000 |
| Next High | 1.217000000 |
| Current Price | 1.207500000 |
| Next Low | 1.188100000 |
| 2nd Low | 1.113800000 |
| 3rd Low | 1.056700000 |