The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 0.839400000 is expected.
Caution: A possible counter-trend in the direction of support at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.839400000 |
| Current Price | 0.826800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.839400000 – 0.838700000 – 0.827800000 – 0.814100000 – 0.817400000 – 0.817200000 — 50.701106279659 – 52.904079745679