ADA/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.26005 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.2731 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Engulfing’ candlestick pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The currency 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%.

0.2731 – 0.2657 – 0.2599 – 0.2558 – 0.247 – 0.2473 —
0.267900000 – 0.266600000 —
54.028782202606 – 54.314134808783 —
– —
0.2731 – 1778059800

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