The pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.685900000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.712600000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.760100000 |
| 2nd High | 0.715800000 |
| Next High | 0.712600000 |
| Current Price | 0.709000000 |
| Next Low | 0.685900000 |
| 2nd Low | 0.656500000 |
| 3rd Low | 0.651700000 |
0.712600000 – 0.715800000 – 0.677700000 – 0.685900000 – 0.656500000 – 0.651700000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji