ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 1.228000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.113800000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.2582196 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 1.228000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.241700000 |
| 2nd High | 1.239300000 |
| Next High | 1.228000000 |
| Current Price | 1.202200000 |
| Next Low | 1.113800000 |
| 2nd Low | 1.056700000 |
| 3rd Low | 1.037500000 |