ADA/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.2010488 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 1.220000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency 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 | 1.228000000 |
| 2nd High | 1.224000000 |
| Next High | 1.220000000 |
| Current Price | 1.181000000 |
| Next Low | 1.172300000 |
| 2nd Low | 1.113800000 |
| 3rd Low | 1.056700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing