ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support line at 1.140300000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.241700000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.1136298 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.241700000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.326400000 |
| Next High | 1.241700000 |
| Current Price | 1.164400000 |
| Next Low | 1.140300000 |
| 2nd Low | 1.140100000 |
| 3rd Low | 1.056700000 |