Sell ADA/USDT – 4H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.2458 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.285 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.3647
2nd High 0.3136
Next High 0.285
Current Price 0.257500000
Next Low 0.2458
2nd Low 0.2205
3rd Low

0.285 – 0.3136 – 0.2938 – 0.2458 – 0.2584 – 0.2594 —
0.262900000 – 0.264500000 —
49.439332094242 – 51.351468396676 —
– —
0.285 – 1772640000

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