ADA/USDT – 30M – SELLThe pair jumps from the ascending trendline down.
The bearish trend downwards to the next support at 0.365300000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.394000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.36835 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.394000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.406900000 |
| 2nd High | 0.401400000 |
| Next High | 0.394000000 |
| Current Price | 0.381300000 |
| Next Low | 0.365300000 |
| 2nd Low | 0.342700000 |
| 3rd Low | 0.327200000 |