Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.2673 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.2788 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2963 |
| 2nd High | 0.2955 |
| Next High | 0.2788 |
| Current Price | 0.273100000 |
| Next Low | 0.2601 |
| 2nd Low | 0.2596 |
| 3rd Low | 0.2558 |
0.2788 – 0.2647 – 0.2704 – 0.2601 – 0.2596 – 0.2632 —
0.276200000 – 0.276700000 —
60.61494062294 – 59.648510891815 —
– —
0.2788 – 1778275800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – – –