ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.900000000 will persist.
Caution: A possible change in the direction of the resistance level at 0.940300000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.8589 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.940300000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 0.940300000 |
| Current Price | 0.907800000 |
| Next Low | 0.900000000 |
| 2nd Low | 0.858900000 |
| 3rd Low | 0.851800000 |