ADA/USDT – 1H – BUYThe combination breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.368500000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.342200000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.3596 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.368500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.404200000 |
| 2nd High | 0.386000000 |
| Next High | 0.368500000 |
| Current Price | 0.363300000 |
| Next Low | 0.342200000 |
| 2nd Low | 0.331500000 |
| 3rd Low | 0.327200000 |