ADA/USDT – 4H – SELLThe pair moves from the ascending trendline down.
A descending movement downwards to the next support level at 0.342700000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.414100000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.37025 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.414100000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.414100000 |
| Current Price | 0.388900000 |
| Next Low | 0.342700000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |