ADA/USDT – 4H – SELLThe pair goes from the bullish trendline down.
A bearish movement down to the next support line at 0.314100000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.369200000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.343 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.369200000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.414100000 |
| 2nd High | 0.371900000 |
| Next High | 0.369200000 |
| Current Price | 0.354800000 |
| Next Low | 0.314100000 |
| 2nd Low | 0.305000000 |
| 3rd Low |