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 considered certain. Current target is 0.8296 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.904800000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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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