The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 1.077800000 is expected.
Caution: A possible change in the direction of support at 1.037500000 should be noted.
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 expected. Target of the current trend is 1.107202 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 1.077800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.149800000 |
2nd High | 1.097000000 |
Next High | 1.077800000 |
Current Price | 1.071400000 |
Next Low | 1.037500000 |
2nd Low | 0.969300000 |
3rd Low | 0.892800000 |