ADA/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.02195 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.093000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Inside Down’ candlestick pattern is existing. The chart shows ‘Three Inside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Download ADA/USDT Signal Image

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down