ADA/USDT – 1H – SELLThe combination goes from the bullish trendline down.
The bearish trend downwards to the next support line at 0.342700000 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.394000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.36835 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.394000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.401400000 |
| Next High | 0.394000000 |
| Current Price | 0.379500000 |
| Next Low | 0.342700000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |