ADA/USDT – 30M – SELLThe currency pair goes from the bullish trendline downwards
A descending movement downwards to the next support at 0.342200000 is likely expected.
Caution: A possible change in the direction of resistance at 0.366000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.3603832 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.366000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.368500000 |
| Next High | 0.366000000 |
| Current Price | 0.354000000 |
| Next Low | 0.342200000 |
| 2nd Low | 0.331500000 |
| 3rd Low | 0.327200000 |