ADA/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.8507 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.879500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Last Engulfing Top’ candlestick chart pattern is existing. The chart shows ‘Last Engulfing Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.912300000 |
| 2nd High | 0.904800000 |
| Next High | 0.879500000 |
| Current Price | 0.864600000 |
| Next Low | 0.851000000 |
| 2nd Low | 0.850700000 |
| 3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Last Engulfing Top