ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.937300000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.9039296 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.937300000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.937300000 |
| Current Price | 0.900200000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.937300000 – 0.837200000 – 0.862700000 – 0.837000000 – 0.816600000 – 0.810400000