ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.848400000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.720000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.8484 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.848400000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.848400000 |
| Current Price | 0.785800000 |
| Next Low | 0.720000000 |
| 2nd Low | 0.717100000 |
| 3rd Low | 0.696100000 |