The pair Cardano/Tether (ADA/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support at is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.941600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.979500000 |
| 2nd High | 0.968400000 |
| Next High | 0.941600000 |
| Current Price | 0.925800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.941600000 – 0.968400000 – 0.979500000 – 0.895100000 – 0.887700000 – 0.943400000 — 51.534260419372 – 49.890124033348