ADA/USDT – 1H – SELL

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.2656332 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.285 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.285 – 0.2721 – 0.2887 – 0.2584 – 0.2685 – 0.2691 —
0.274800000 – 0.276900000 —
46.445714252391 – 53.320930372735 —
– —
0.285 – 1772650800

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