ADA/USDT – 30M – SELLThe combination moves from the bullish trendline down.
A descent downwards to the next support line at 0.347900000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.365400000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.3503434 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.365400000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.368500000 |
| Next High | 0.365400000 |
| Current Price | 0.351200000 |
| Next Low | 0.347900000 |
| 2nd Low | 0.345400000 |
| 3rd Low | 0.333300000 |