Sell ADA/USDT – 1H – SELL

The currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline down.

The bearish trend down to the next support line at 0.765800000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.833800000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.855900000
2nd High 0.834400000
Next High 0.833800000
Current Price 0.838000000
Next Low 0.765800000
2nd Low 0.734000000
3rd Low 0.710700000

0.833800000 – 0.834400000 – 0.806900000 – 0.765800000 – 0.766200000 – 0.784400000 — 70.408745929523 – 65.140806675935

Trading Signals:

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