ADA/USDT – 1H – BUYThe pair breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.363000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.335500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.3517368 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.363000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.404200000 |
| 2nd High | 0.386000000 |
| Next High | 0.363000000 |
| Current Price | 0.342600000 |
| Next Low | 0.335500000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |