ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 1.194000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.224000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.17655 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.224000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.239300000 |
| 2nd High | 1.228000000 |
| Next High | 1.224000000 |
| Current Price | 1.204000000 |
| Next Low | 1.194000000 |
| 2nd Low | 1.188100000 |
| 3rd Low | 1.113800000 |