ADA/USDT – 30M – SELLThe pair jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.342200000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.357200000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.3509 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.357200000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.365400000 |
| 2nd High | 0.359600000 |
| Next High | 0.357200000 |
| Current Price | 0.353700000 |
| Next Low | 0.342200000 |
| 2nd Low | 0.331500000 |
| 3rd Low | 0.327200000 |