ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A bearish descent down to the next support level at 1.052100000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 1.093000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.1194 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.093000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 1.119400000 |
| Next High | 1.093000000 |
| Current Price | 1.087200000 |
| Next Low | 1.052100000 |
| 2nd Low | 0.945000000 |
| 3rd Low | 0.924500000 |