ADA/USDT – 4H – SELLThe pair moves from the ascending trendline down.
A descending movement downwards to the next support at 0.342700000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.414100000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.3451678 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.414100000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.414100000 |
| Current Price | 0.362600000 |
| Next Low | 0.342700000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |