ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
A descending movement down to the next support line at 0.541700000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.819300000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.8193 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.819300000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.819300000 |
| Current Price | 0.726900000 |
| Next Low | 0.541700000 |
| 2nd Low | 0.427200000 |
| 3rd Low | 0.351400000 |