And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.2524316 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.2668 could occur.
Consider stop-loss settings accordingly.
And also a ‘Bearish Engulfing’ candle pattern is detected. The chart shows ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2739 |
| 2nd High | 0.2679 |
| Next High | 0.2668 |
| Current Price | 0.258800000 |
| Next Low | 0.2566 |
| 2nd Low | 0.2547 |
| 3rd Low | 0.2458 |
0.2668 – 0.2679 – 0.2739 – 0.2566 – 0.261 – 0.2547 —
0.263100000 – 0.260400000 —
45.474970045461 – 34.203458313212 —
– —
0.2668 – 1773255600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing – – –