ADA/USDT – 1H – SELLThe combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.4718 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5093 |
| 2nd High | 0.4997 |
| Next High | 0.4718 |
| Current Price | 0.473100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.4718 – 0.4997 – 0.5093 – 0.4562 – 0.4735 – 0.4925 — 51.160552289796 – 49.02763115608 — 63.735673972508 – 65.177798552682 – 68.643186178307 – 66.300797525478