Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.8507 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.912300000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Shooting Star’ candle pattern is discovered. The chart shows ‘Shooting Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.940300000 |
2nd High | 0.928100000 |
Next High | 0.912300000 |
Current Price | 0.869600000 |
Next Low | 0.850700000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Shooting Star