The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.879900000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.844100000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.868572 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.879900000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.879900000 |
| Current Price | 0.862800000 |
| Next Low | 0.844100000 |
| 2nd Low | 0.831900000 |
| 3rd Low | 0.826700000 |
0.879900000 – 0.878400000 – 0.876400000 – 0.844100000 – 0.853000000 – 0.856900000 — 40.10833092914 – 45.84769111902