Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.2824162 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.2877 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ candlestick chart pattern is detected. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3027 |
| 2nd High | 0.2892 |
| Next High | 0.2877 |
| Current Price | 0.287300000 |
| Next Low | 0.2769 |
| 2nd Low | 0.2582 |
| 3rd Low | 0.2575 |
0.2877 – 0.2892 – 0.2835 – 0.2769 – 0.2773 – 0.2582 —
0.285900000 – 0.287100000 —
55.530481960973 – 59.977710852198 —
– —
0.2877 – 1771277400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami – – –