Buy ADA/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.26735 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.2634 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles form ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 0.2843
2nd High 0.2766
Next High 0.2634
Current Price 0.259200000
Next Low 0.2504
2nd Low 0.2205
3rd Low

0.2634 – 0.2766 – 0.2763 – 0.2504 – 0.2597 – 0.2596 —
0.263700000 – 0.267400000 —
61.448638188219 – 52.012845360823 —
– —
0.2634 – 1770818400

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