The currency pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline up.
An ascending movement up to the next resistance at 0.253 is expected.
Caution: A possible change in the direction of the support level at 0.244 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 0.2510406 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.253 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2955 |
| 2nd High | 0.2769 |
| Next High | 0.253 |
| Current Price | 0.246000000 |
| Next Low | 0.244 |
| 2nd Low | 0.2205 |
| 3rd Low |
0.253 – 0.2769 – 0.2684 – 0.244 – 0.2442 – 0.2526 —
0.250200000 – 0.246700000 —
47.662052046963 – 36.368706357772 —
– —
0.253 – 1774710000