The combination Cardano/Tether (ADA/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.837100000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.879600000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.959700000 |
| 2nd High | 0.892600000 |
| Next High | 0.879600000 |
| Current Price | 0.852800000 |
| Next Low | 0.837100000 |
| 2nd Low | 0.833400000 |
| 3rd Low | 0.765800000 |
0.879600000 – 0.892600000 – 0.892500000 – 0.837100000 – 0.842900000 – 0.895100000 — 42.529735135853 – 40.582140801104