Sell ADA/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.2629 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.2788 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Down’ chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.2963
2nd High 0.2955
Next High 0.2788
Current Price 0.270400000
Next Low 0.2596
2nd Low 0.247
3rd Low 0.2383

0.2788 – 0.2704 – 0.2731 – 0.2596 – 0.2632 – 0.247 —
0.271500000 – 0.272800000 —
44.94773871349 – 51.870085379039 —
– —
0.2788 – 1778274000

Trading Signals:

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