The currency pair Cardano/Tether (ADA/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support line at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.892600000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.959700000 |
| Next High | 0.892600000 |
| Current Price | 0.863900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.892600000 – 0.892500000 – 0.864700000 – 0.837100000 – 0.842900000 – 0.895100000 — 44.89421259974 – 43.582964490246