ADA/USDT – 1H – SELLThe pair Cardano/Tether (ADA/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.4046 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.4342 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4735 |
| 2nd High | 0.471 |
| Next High | 0.4342 |
| Current Price | 0.417700000 |
| Next Low | 0.4046 |
| 2nd Low | 0.402 |
| 3rd Low | 0.3907 |
0.4342 – 0.4218 – 0.4185 – 0.4046 – 0.402 – 0.404 — 50.236586399423 – 46.142576987164 — 42.149473533707 – 25.449084428649 – 49.101388977428 – 41.455954187889