ADA/USDT – 30M – SELLThe currency pair moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.351400000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.361100000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.3475 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.361100000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.371100000 |
| Next High | 0.361100000 |
| Current Price | 0.351900000 |
| Next Low | 0.351400000 |
| 2nd Low | 0.350900000 |
| 3rd Low | 0.350700000 |