Sell ADA/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.2808968 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 0.2892 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Bearish Harami’ candlestick pattern is discovered. The candles form ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3319
2nd High 0.305
Next High 0.2892
Current Price 0.286500000
Next Low 0.2769
2nd Low 0.2575
3rd Low 0.2504

0.2892 – 0.2696 – 0.2634 – 0.2769 – 0.2575 – 0.2504 —
0.284000000 – 0.286100000 —
54.243989310847 – 56.070345355098 —
– —
0.2892 – 1771246800

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