ADA/USDT – 30M – SELLThe pair moves from the bullish trendline downwards
A bearish trend down to the next support line at 0.342400000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.386000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.3424 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.386000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.404300000 |
| 2nd High | 0.404200000 |
| Next High | 0.386000000 |
| Current Price | 0.351700000 |
| Next Low | 0.342400000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |