The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.783900000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.720000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.7839 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 0.783900000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.819300000 |
Next High | 0.783900000 |
Current Price | 0.774000000 |
Next Low | 0.720000000 |
2nd Low | 0.717100000 |
3rd Low | 0.696100000 |