The pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.1578 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.1671 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.1636 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.1671 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1745 |
| 2nd High | 0.1694 |
| Next High | 0.1671 |
| Current Price | 0.165500000 |
| Next Low | 0.1578 |
| 2nd Low | 0.156 |
| 3rd Low | 0.1554 |
0.1671 – 0.1653 – 0.1664 – 0.1578 – 0.1578 – 0.1611 —
0.165900000 – 0.166800000 —
65.823833695416 – 67.397267175399 —
– —
0.1671 – 1784307600