ADA/USDT – 4H – SELL

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.2430936 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.268 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ heading down is 79%.

0.268 – 0.2664 – 0.2514 – 0.2408 – 0.2354 – 0.24 —
0.246400000 – 0.250300000 —
44.33869272459 – 51.229085608261 —
– —
0.268 – 1776427200

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