Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.26005 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.2689 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2769 |
| 2nd High | 0.2731 |
| Next High | 0.2689 |
| Current Price | 0.265300000 |
| Next Low | 0.2632 |
| 2nd Low | 0.2558 |
| 3rd Low | 0.247 |
0.2689 – 0.2731 – 0.2657 – 0.2632 – 0.2558 – 0.247 —
0.267600000 – 0.269200000 —
52.2719421126 – 56.944490213517 —
– —
0.2689 – 1778103000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –