ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support level at 1.140100000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.234600000 could occur.
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 1.2582196 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.234600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.326400000 |
| Next High | 1.234600000 |
| Current Price | 1.208400000 |
| Next Low | 1.140100000 |
| 2nd Low | 1.056700000 |
| 3rd Low | 1.055700000 |