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QubitLife

ADAUSDT: Possible Short (13.10.2020)

Short
Cardano / TetherUS (BINANCE:ADAUSDT)  
QubitLife  
BINANCE:ADAUSDT   Cardano / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns ADA adausd adadusdt adabuy adasell adalong adashort adausdshort adausdlong
43
1
trendanalysis harmonicpatterns chartpattern ada adausd adadusdt adabuy adasell adalong adashort adausdshort adausdlong
On D1, the price moves to the 38.2% Fibonacci level on a logarithmic scale. RSI is near the overbought level.
On H4, a movement has formed between the price and the RSI. Moreover, the RSI is at the overbought level.

We recommend selling ADAUSDT when the price will be broken the downward trend line on H4.

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