ADA/USDT – 1H – SELLThe combination Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support line at 1.037500000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.097000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 1.084782 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 1.097000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.154200000 |
| 2nd High | 1.149800000 |
| Next High | 1.097000000 |
| Current Price | 1.083000000 |
| Next Low | 1.037500000 |
| 2nd Low | 0.969300000 |
| 3rd Low | 0.874300000 |