Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.2544 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.2509 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2769 |
| 2nd High | 0.268 |
| Next High | 0.2509 |
| Current Price | 0.248400000 |
| Next Low | 0.2408 |
| 2nd Low | 0.2381 |
| 3rd Low | 0.2354 |
0.2509 – 0.268 – 0.2615 – 0.2408 – 0.2444 – 0.252 —
0.249900000 – 0.248400000 —
56.255206426552 – 49.069161670942 —
– —
0.2509 – 1776603600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –