ADA/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.251 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.255 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Tweezers Top’ candle pattern is discovered. The chart forms ‘Tweezers Top’. 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 likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2564 |
| 2nd High | 0.2561 |
| Next High | 0.255 |
| Current Price | 0.247800000 |
| Next Low | 0.2473 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2454 |
0.255 – 0.2518 – 0.2528 – 0.2473 – 0.2475 – 0.247 —
0.253600000 – 0.252000000 —
59.816254207811 – 51.357602328694 —
– —
0.255 – 1777867200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top – – –