ADA/USDT – 1H – SELLThe currency pair moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.355000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.367900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.3579 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.367900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.386000000 |
| 2nd High | 0.371900000 |
| Next High | 0.367900000 |
| Current Price | 0.363000000 |
| Next Low | 0.355000000 |
| 2nd Low | 0.353100000 |
| 3rd Low | 0.348200000 |