ADA/USDT – 1H – SELLThe currency pair moves from the ascending trendline down.
A descent downwards to the next support level at 0.331800000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.368500000 could be enabled.
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 is expected. Current target is 0.3396538 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.368500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.404200000 |
| 2nd High | 0.386000000 |
| Next High | 0.368500000 |
| Current Price | 0.345000000 |
| Next Low | 0.331800000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |