The currency pair Cardano/Tether (ADA/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.817400000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.839400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.839400000 |
| Current Price | 0.823300000 |
| Next Low | 0.817400000 |
| 2nd Low | 0.817200000 |
| 3rd Low | 0.774700000 |
0.839400000 – 0.838700000 – 0.827800000 – 0.817400000 – 0.817200000 – 0.774700000 — 52.650565650162 – 47.27889696466