ADA/USDT – 1H – SELLThe combination jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.342700000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.404200000 should always be considered.
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 considered certain. Target of the current trend is 0.3707 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.404200000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.414100000 |
| 2nd High | 0.404300000 |
| Next High | 0.404200000 |
| Current Price | 0.368400000 |
| Next Low | 0.342700000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |