ADA/USDT – 4H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.1486 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 0.1745 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.1745 – 0.2394 – 0.248 – 0.1582 – 0.1486 – 0.228 —
0.171300000 – 0.173700000 —
52.203438989056 – 56.077227506226 —
– —
0.1745 – 1780948800

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