ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.
A descent down to the next support line at 0.696100000 is expected.
Caution: A possible change in the direction of resistance at 0.783900000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.7251752 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.783900000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.819300000 |
| Next High | 0.783900000 |
| Current Price | 0.750700000 |
| Next Low | 0.696100000 |
| 2nd Low | 0.541700000 |
| 3rd Low | 0.431300000 |