ADA/USDT – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.00575 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.121000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish Engulfing’ candle pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

Download ADA/USDT Signal Image

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