ADA/USDT – 1H – SELLThe pair goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.347900000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.356100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
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 0.3445912 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.356100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.363000000 |
| Next High | 0.356100000 |
| Current Price | 0.356000000 |
| Next Low | 0.347900000 |
| 2nd Low | 0.345400000 |
| 3rd Low | 0.331800000 |