Cardano / TetherUS

ADA/USDT 1D INTERVAL

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Hello everyone, let's take a look at the 1D ADA to USDT chart as you can see the price is moving below the local downtrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4563
T2 - $ 0.4698
T3 - $ 0.4807
and
T4 - $ 0.4909

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4437
and
SL2 - $ 0.4213

Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy and the MACD indicator shows that we can enter an upward trend locally.

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