ADA/USDT – 1H – SELLThe currency pair moves from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.326400000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.356300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.3264 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.356300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.367600000 |
| 2nd High | 0.365000000 |
| Next High | 0.356300000 |
| Current Price | 0.334200000 |
| Next Low | 0.326400000 |
| 2nd Low | 0.312800000 |
| 3rd Low | 0.305000000 |