The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 0.748600000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.688400000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.841400000 |
| 2nd High | 0.777400000 |
| Next High | 0.748600000 |
| Current Price | 0.734500000 |
| Next Low | 0.688400000 |
| 2nd Low | 0.572200000 |
| 3rd Low | 0.568700000 |
0.748600000 – 0.735000000 – 0.737100000 – 0.688400000 – 0.693300000 – 0.572200000