The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.305 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.2817 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3647 |
| 2nd High | 0.3319 |
| Next High | 0.305 |
| Current Price | 0.286400000 |
| Next Low | 0.2817 |
| 2nd Low | 0.2757 |
| 3rd Low | 0.2685 |
0.305 – 0.3034 – 0.2936 – 0.2817 – 0.2934 – 0.2757 —
0.294000000 – 0.290400000 —
37.557608523238 – 39.285984493604 —
– —
0.305 – 1770132000