The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support level at 0.2632 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.2731 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.26005 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.2731 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2955 |
| 2nd High | 0.2769 |
| Next High | 0.2731 |
| Current Price | 0.263700000 |
| Next Low | 0.2632 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2383 |
0.2731 – 0.2657 – 0.2599 – 0.2632 – 0.247 – 0.2473 —
0.267300000 – 0.270400000 —
55.237735147259 – 61.447739646735 —
– —
0.2731 – 1778058000