Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.8296 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.904800000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.928100000 |
2nd High | 0.912300000 |
Next High | 0.904800000 |
Current Price | 0.851300000 |
Next Low | 0.829600000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down