ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 1.119000000 is considered certain.
Caution: A possible change in the direction of the support level at 1.052200000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.1332 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 1.119000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.119000000 |
| Current Price | 1.110400000 |
| Next Low | 1.052200000 |
| 2nd Low | 1.038900000 |
| 3rd Low | 0.910000000 |