ADA/USDT – 4H – BUYThe pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 1.326400000 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.037500000 could happen.
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 certain. Target of the current trend is 1.3264 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.326400000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.326400000 |
| Current Price | 1.191100000 |
| Next Low | 1.037500000 |
| 2nd Low | 0.874300000 |
| 3rd Low | 0.696100000 |