ADA/USDT – 4H – SELLThe pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support at 0.910000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.181900000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.9710494 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 1.181900000 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 | 1.181900000 |
| Current Price | 1.084200000 |
| Next Low | 0.910000000 |
| 2nd Low | 0.874300000 |
| 3rd Low | 0.696100000 |