Sell ADA/USDT – 30M – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.29035 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.3027 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Engulfing’ candle pattern is found. The candles show ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.3319
2nd High 0.305
Next High 0.3027
Current Price 0.295700000
Next Low
2nd Low
3rd Low

0.3027 – 0.305 – 0.3019 – 0.2817 – 0.2938 – 0.2934 —
0.300900000 – 0.299800000 —
56.020933854083 – 45.816243160316 —
– —
0.3027 – 1770177600

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