In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.2646776 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.278 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Belt Hold’ candle pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2887 |
| 2nd High | 0.285 |
| Next High | 0.278 |
| Current Price | 0.269000000 |
| Next Low | 0.2651 |
| 2nd Low | 0.2584 |
| 3rd Low | 0.2576 |
0.278 – 0.285 – 0.2743 – 0.2651 – 0.2702 – 0.2726 —
0.270400000 – 0.272000000 —
34.852656761219 – 48.559511095524 —
– —
0.278 – 1772713800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Belt Hold – – –