Cardano / Tether

Cardano Short Analysis

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After zooming out and looking at the chart as a whole, I wouldn't be surprised to see ADA move lower and find consolidation around $0.28. Anything is possible. On the other hand, a candle closing above the dotted trend line should indicate a break to the next line of resistance. For day traders, I wouldn't be too optimistic with how high it will go, so to be cautious, a sell order at $0.34 should lock in small profits. After that, I would just continue to watch how it moves because there is potential for it to go either way.

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