ADA/USDT – 30M – SELLThe currency pair goes from the bullish trendline down.
A descending movement down to the next support at 0.331500000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.359600000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.3375134 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.359600000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.368500000 |
| 2nd High | 0.365400000 |
| Next High | 0.359600000 |
| Current Price | 0.343700000 |
| Next Low | 0.331500000 |
| 2nd Low | 0.327200000 |
| 3rd Low | 0.326400000 |