ADA/USDT – 1H – SELLThe pair jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.355000000 will continue.
Caution: A possible change in the direction of the resistance line at 0.367000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.3579 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.367000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.371900000 |
| 2nd High | 0.367900000 |
| Next High | 0.367000000 |
| Current Price | 0.360000000 |
| Next Low | 0.355000000 |
| 2nd Low | 0.353100000 |
| 3rd Low | 0.348200000 |