Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.2499 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.2528 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Collapsing Doji Star’ candle pattern is existing. The chart shows ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2561 |
| 2nd High | 0.254 |
| Next High | 0.2528 |
| Current Price | 0.250000000 |
| Next Low | 0.2475 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2454 |
0.2528 – 0.2515 – 0.2504 – 0.2475 – 0.247 – 0.2475 —
0.251000000 – 0.251700000 —
57.790356169402 – 56.808927266725 —
– —
0.2528 – 1777757400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –