Sell ADA/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 0.285682 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.2936 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Bearish Harami’ candle chart pattern is discovered. The chart shows ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3136
2nd High 0.2963
Next High 0.2936
Current Price 0.290900000
Next Low 0.2621
2nd Low 0.2585
3rd Low 0.258

0.2936 – 0.2673 – 0.2816 – 0.2621 – 0.2585 – 0.258 —
0.290300000 – 0.291900000 —
65.478163719275 – 64.723206023664 —
– —
0.2936 – 1773648000

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