ADA/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.0517288 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 1.148000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.154200000 |
| Next High | 1.148000000 |
| Current Price | 0.997300000 |
| Next Low | 0.770000000 |
| 2nd Low | 0.765500000 |
| 3rd Low | 0.720000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing