ADA/USDT – 4H – SELLThe currency pair moves from the ascending trendline down.
The bearish trend down to the next support line at 0.314100000 will continue.
Caution: A possible change in the direction of resistance at 0.369200000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.343 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.369200000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.414100000 |
| 2nd High | 0.371900000 |
| Next High | 0.369200000 |
| Current Price | 0.356300000 |
| Next Low | 0.314100000 |
| 2nd Low | 0.305000000 |
| 3rd Low |