ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 0.1578 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.1653 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.1578 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.1653 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Falling Window’ candle pattern is existing. The candles form ‘Falling Window’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

0.1653 – 0.1664 – 0.1694 – 0.1578 – 0.1611 – 0.1625 —
0.160200000 – 0.161000000 —
46.405596541829 – 47.42886149259 —
– —
0.1653 – 1784210400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Falling Window – – –