ADA/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.1177316 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 1.133200000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ chart pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.228000000 |
| 2nd High | 1.181900000 |
| Next High | 1.133200000 |
| Current Price | 1.068900000 |
| Next Low | 0.910000000 |
| 2nd Low | 0.874300000 |
| 3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing