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: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –