QubitLife

ADAUSDT: Possible Short (13.10.2020)

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BINANCE:ADAUSDT   Cardano / TetherUS
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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