ADA/USDT – 1H – SELLThe currency pair jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.326400000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.343100000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.3264 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.343100000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.365000000 |
| 2nd High | 0.356300000 |
| Next High | 0.343100000 |
| Current Price | 0.333900000 |
| Next Low | 0.326400000 |
| 2nd Low | 0.312800000 |
| 3rd Low | 0.305000000 |