ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 1.067200000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.149800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.0213 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 1.149800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.154200000 |
| Next High | 1.149800000 |
| Current Price | 1.076800000 |
| Next Low | 1.067200000 |
| 2nd Low | 1.037800000 |
| 3rd Low | 0.969300000 |