ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support line at 1.043100000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.133200000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.0431 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 1.133200000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.198800000 |
| 2nd High | 1.181900000 |
| Next High | 1.133200000 |
| Current Price | 1.071500000 |
| Next Low | 1.043100000 |
| 2nd Low | 0.994000000 |
| 3rd Low | 0.910000000 |