The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 0.2519 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.2472 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.2536152 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.2519 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2576 |
| 2nd High | 0.2564 |
| Next High | 0.2519 |
| Current Price | 0.251100000 |
| Next Low | 0.2472 |
| 2nd Low | 0.2446 |
| 3rd Low | 0.2441 |
0.2519 – 0.2508 – 0.2484 – 0.2472 – 0.2446 – 0.2449 —
0.250000000 – 0.251600000 —
53.028434140405 – 59.84915650602 —
– —
0.2519 – 1776990600