Sell ADA/USDT – 1H – SELL

The combination goes from the bullish trendline down.

The bearish trend down to the next support level at 0.334100000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.361300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.34165 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.361300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.369200000
2nd High 0.364000000
Next High 0.361300000
Current Price 0.355700000
Next Low 0.334100000
2nd Low 0.323700000
3rd Low 0.314100000

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