ADA/USDT – 4H – SELLThe pair moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.327200000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.414100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.3264 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.414100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.414100000 |
| Current Price | 0.334900000 |
| Next Low | 0.327200000 |
| 2nd Low | 0.326400000 |
| 3rd Low | 0.305000000 |