Also there is a ‘Double top retreat up’ chart layout is discovered. The chart forms ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 0.4675634 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.4823 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5093 |
| 2nd High | 0.4997 |
| Next High | 0.4823 |
| Current Price | 0.462300000 |
| Next Low | 0.4562 |
| 2nd Low | 0.2737 |
| 3rd Low |
0.4823 – 0.4718 – 0.4997 – 0.4598 – 0.4562 – 0.4735 — 34.534014228044 – 39.426639843095 — 7.5555146042569 – 22.674222181271 – 2.5185048680856 – 10.076578928509
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double top retreat up – –