Sell ADA/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.8718456 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.912300000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Bearish Harami’ candle pattern is existing. The candles show ‘Bearish Harami’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.940300000
2nd High 0.928100000
Next High 0.912300000
Current Price 0.882400000
Next Low 0.850700000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

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