ADA/USDT – 4H – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.326400000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.365000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.3277504 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.365000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.401400000 |
| 2nd High | 0.367600000 |
| Next High | 0.365000000 |
| Current Price | 0.350900000 |
| Next Low | 0.326400000 |
| 2nd Low | 0.305000000 |
| 3rd Low | 0.275600000 |