Buy ADA/USDT – 1H – BUY

The pair jumps from the bullish trendline down.

A bearish trend downwards to the next support level at 0.342200000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.368500000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.3596 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.368500000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.404200000
2nd High 0.386000000
Next High 0.368500000
Current Price 0.361100000
Next Low 0.342200000
2nd Low 0.331500000
3rd Low 0.327200000

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