ADA/USDT – 4H – SELLThe pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.314100000 is expected.
Caution: A possible change in the direction of the resistance zone at 0.364000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. 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 0.364000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.371900000 |
| 2nd High | 0.369200000 |
| Next High | 0.364000000 |
| Current Price | 0.355700000 |
| Next Low | 0.314100000 |
| 2nd Low | 0.305000000 |
| 3rd Low |