ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.937300000 is certain.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. 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 level at 0.937300000 should be noted.
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