ADA/USDT – 1H – SELLThe combination moves from the bullish trendline down.
A bearish trend down to the next support at 0.353100000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.367900000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.3556 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.367900000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.371900000 |
| Next High | 0.367900000 |
| Current Price | 0.360100000 |
| Next Low | 0.353100000 |
| 2nd Low | 0.348200000 |
| 3rd Low | 0.343900000 |