ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.833800000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.765800000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.855900000 |
| 2nd High | 0.834400000 |
| Next High | 0.833800000 |
| Current Price | 0.843800000 |
| Next Low | 0.765800000 |
| 2nd Low | 0.734000000 |
| 3rd Low | 0.710700000 |
0.833800000 – 0.834400000 – 0.806900000 – 0.765800000 – 0.766200000 – 0.784400000 — 69.152706623713 – 70.229323195508