Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.2691 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2724 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2786 |
| 2nd High | 0.2766 |
| Next High | 0.2724 |
| Current Price | 0.265100000 |
| Next Low | 0.2596 |
| 2nd Low | 0.2205 |
| 3rd Low |
0.2724 – 0.2766 – 0.2763 – 0.2596 – 0.2681 – 0.267 —
0.268100000 – 0.264300000 —
46.781154311439 – 38.844436617305 —
– —
0.2724 – 1770654600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –