ADA/USDT – 4H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.2685 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.305000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.2685 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.305000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.305000000 – 0.3647 – 0.3707 – 0.2685 – 0.3465 – 0.3466 —
0.305000000 – 0.293400000 —
48.260938906491 – 42.676804861258 —
0.305000000 – 1770120000 —
– 1770120000

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –