Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.2629 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.2788 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish 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 | 0.2963 |
| 2nd High | 0.2955 |
| Next High | 0.2788 |
| Current Price | 0.270400000 |
| Next Low | 0.2596 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2383 |
0.2788 – 0.2704 – 0.2731 – 0.2596 – 0.2632 – 0.247 —
0.276500000 – 0.273500000 —
61.756258533149 – 51.842318947162 —
– —
0.2788 – 1778274000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –