ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.326400000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.056700000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.3264 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.326400000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.326400000 |
| Current Price | 1.291800000 |
| Next Low | 1.056700000 |
| 2nd Low | 1.055700000 |
| 3rd Low | 1.037500000 |