ADA/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A descending movement downwards to the next support at 0.342200000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.366000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.3541 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.366000000 could occur.
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 | 0.366000000 |
| Current Price | 0.357900000 |
| Next Low | 0.342200000 |
| 2nd Low | 0.331500000 |
| 3rd Low | 0.327200000 |