ADA/USDT – 1H – SELLThe currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support line at 0.24 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2601 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2955 |
| 2nd High | 0.2769 |
| Next High | 0.2601 |
| Current Price | 0.260300000 |
| Next Low | 0.24 |
| 2nd Low | 0.2348 |
| 3rd Low | 0.2342 |
0.2601 – 0.25 – 0.2514 – 0.24 – 0.24 – 0.2432 —
0.243300000 – 0.262700000 —
33.824798389533 – 79.885674141908 —
– —
0.2601 – 1775469600