ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A descent down to the next support at 0.722500000 will continue.
Caution: A possible change in the direction of the resistance level at 0.769300000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.7148892 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.769300000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.819300000 |
| 2nd High | 0.783900000 |
| Next High | 0.769300000 |
| Current Price | 0.730600000 |
| Next Low | 0.722500000 |
| 2nd Low | 0.717100000 |
| 3rd Low | 0.696100000 |