ADA/USDT – 1H – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.342700000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.404200000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.414100000 |
| 2nd High | 0.404300000 |
| Next High | 0.404200000 |
| Current Price | 0.353200000 |
| Next Low | 0.342700000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |