The currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.555400000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.568800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.588400000 |
| 2nd High | 0.581900000 |
| Next High | 0.568800000 |
| Current Price | 0.563500000 |
| Next Low | 0.555400000 |
| 2nd Low | 0.545000000 |
| 3rd Low | 0.510000000 |
0.568800000 – 0.563300000 – 0.581900000 – 0.555400000 – 0.545000000 – 0.548800000