ADA/USDT – 1H – SELLThe pair jumps from the bullish trendline down.
A bearish movement down to the next support line at 0.347500000 is expected.
Caution: A possible change in the direction of the resistance level at 0.361100000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.3399744 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.361100000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.371100000 |
| Next High | 0.361100000 |
| Current Price | 0.350100000 |
| Next Low | 0.347500000 |
| 2nd Low | 0.342200000 |
| 3rd Low | 0.331500000 |