The pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.2319 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.2388 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2435 |
| 2nd High | 0.2394 |
| Next High | 0.2388 |
| Current Price | 0.234800000 |
| Next Low | 0.2319 |
| 2nd Low | 0.2298 |
| 3rd Low | 0.2291 |
0.2388 – 0.2384 – 0.2394 – 0.2319 – 0.2353 – 0.2298 —
0.235900000 – 0.237600000 —
55.797581272912 – 59.092874679546 —
– —
0.2388 – 1780201800