The combination Cardano/Tether (ADA/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.349 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.3625 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3739 |
| 2nd High | 0.3707 |
| Next High | 0.3625 |
| Current Price | 0.350300000 |
| Next Low | 0.349 |
| 2nd Low | 0.3465 |
| 3rd Low | 0.3421 |
0.3553 – 0.3625 – 0.3707 – 0.349 – 0.3465 – 0.3564 —
0.350400000 – 0.357700000 —
36.908684116283 – 68.700701062586 —
– —
0.35530 – 1769479200