ADA/USDT – 1H – SELLThe pair moves from the ascending trendline downwards
A descent down to the next support level at 0.312800000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.355100000 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-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.3423 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.355100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.371900000 |
| 2nd High | 0.369200000 |
| Next High | 0.355100000 |
| Current Price | 0.326100000 |
| Next Low | 0.312800000 |
| 2nd Low | 0.305000000 |
| 3rd Low |