Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.2499 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.2528 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2561 |
| 2nd High | 0.254 |
| Next High | 0.2528 |
| Current Price | 0.249900000 |
| Next Low | 0.2475 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2454 |
0.2528 – 0.2515 – 0.2504 – 0.2475 – 0.247 – 0.2475 —
0.251400000 – 0.251100000 —
63.635581100103 – 58.291512742137 —
– —
0.2528 – 1777757400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –