ADA/USDT – 1H – SELLThe combination goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.327200000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.356300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.3499014 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.356300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.367600000 |
| 2nd High | 0.365000000 |
| Next High | 0.356300000 |
| Current Price | 0.352600000 |
| Next Low | 0.327200000 |
| 2nd Low | 0.326400000 |
| 3rd Low | 0.312800000 |