ADA/USDT – 30M – BUYThe currency pair jumps from the ascending trendline downwards
A bearish descent down to the next support level at 0.342200000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.366000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.3603832 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.366000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.368500000 |
| Next High | 0.366000000 |
| Current Price | 0.355600000 |
| Next Low | 0.342200000 |
| 2nd Low | 0.331500000 |
| 3rd Low | 0.327200000 |