The pair Cardano/Tether (ADA/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.2383 will persist.
Caution: A possible change in the direction of the resistance line at 0.254 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.2446558 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.254 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2576 |
| 2nd High | 0.2561 |
| Next High | 0.254 |
| Current Price | 0.248300000 |
| Next Low | 0.2383 |
| 2nd Low | 0.2354 |
| 3rd Low | 0.2348 |
0.254 – 0.2561 – 0.2576 – 0.2383 – 0.243 – 0.2446 —
0.252800000 – 0.254500000 —
54.88982339341 – 62.188477119907 —
– —
0.254 – 1777449600