Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.9828 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.982800000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bullish Engulfing’ chart pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.133200000 |
2nd High | 1.121000000 |
Next High | 0.982800000 |
Current Price | 0.957800000 |
Next Low | 0.924500000 |
2nd Low | 0.838000000 |
3rd Low | 0.829600000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing