ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A descent downwards to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.894700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.894700000 |
| Current Price | 0.862400000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.894700000 – 0.838500000 – 0.828100000 – 0.852500000 – 0.855600000 – 0.857900000 — 43.173438424762 – 42.475855034799