The combination Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.1758 is expected.
Caution: A possible counter-trend in the direction of support at 0.1654 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.1758 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.1758 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2319 |
| 2nd High | 0.2184 |
| Next High | 0.1758 |
| Current Price | 0.183000000 |
| Next Low | 0.1654 |
| 2nd Low | 0.1641 |
| 3rd Low | 0.1582 |
0.1737 – 0.1758 – 0.1742 – 0.1654 – 0.1712 – 0.169 —
0.166600000 – 0.176900000 —
29.886656618839 – 74.914349376219 —
– —
0.1737 – 1781402400