Sell ADA/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.8296 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.904800000 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.928100000
2nd High 0.912300000
Next High 0.904800000
Current Price 0.851300000
Next Low 0.829600000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

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