The pair Cardano/Tether (ADA/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.784400000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.834400000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.855900000 |
| Next High | 0.834400000 |
| Current Price | 0.799300000 |
| Next Low | 0.784400000 |
| 2nd Low | 0.775900000 |
| 3rd Low | 0.734000000 |
0.834400000 – 0.806900000 – 0.748000000 – 0.784400000 – 0.775900000 – 0.734000000 — 51.526786493747 – 46.951453292669