ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.541700000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.696500000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.6965 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.696500000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.696500000 |
| Current Price | 0.677900000 |
| Next Low | 0.541700000 |
| 2nd Low | 0.431300000 |
| 3rd Low | 0.427200000 |