ADA/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.2826148 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.3027 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘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 success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.3027 – 0.305 – 0.3019 – 0.2817 – 0.2938 – 0.2934 —
0.299800000 – 0.294000000 —
45.81624295669 – 29.083762553566 —
– —
0.3027 – 1770177600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing – – –