ADA/USDT – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.348200000 is expected.
Caution: A possible change in the direction of the resistance line at 0.369200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.3439 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.369200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.371900000 |
| Next High | 0.369200000 |
| Current Price | 0.348300000 |
| Next Low | 0.348200000 |
| 2nd Low | 0.343900000 |
| 3rd Low | 0.339300000 |