Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.0322 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.115000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.121000000 |
2nd High | 1.119400000 |
Next High | 1.115000000 |
Current Price | 1.073400000 |
Next Low | 1.052100000 |
2nd Low | 0.945000000 |
3rd Low | 0.924500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down