The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.1736 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.1681 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2184 |
| 2nd High | 0.1745 |
| Next High | 0.1736 |
| Current Price | 0.171400000 |
| Next Low | 0.1681 |
| 2nd Low | 0.1641 |
| 3rd Low | 0.1582 |
0.1736 – 0.1719 – 0.1681 – 0.1681 – 0.1641 – 0.1582 —
0.169300000 – 0.172200000 —
44.302074190609 – 56.236072410884 —
– —
0.1736 – 1781238600