ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 0.696100000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.748400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.7251752 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.748400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.819300000 |
| 2nd High | 0.779800000 |
| Next High | 0.748400000 |
| Current Price | 0.734600000 |
| Next Low | 0.696100000 |
| 2nd Low | 0.541700000 |
| 3rd Low | 0.431300000 |