There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.2820676 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.3034 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Inside Down’ candle chart pattern is existing. The candles show ‘Three Inside Down’. this 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 ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3647 |
| 2nd High | 0.3319 |
| Next High | 0.3034 |
| Current Price | 0.292800000 |
| Next Low | 0.2934 |
| 2nd Low | 0.2757 |
| 3rd Low | 0.2685 |
0.3034 – 0.2936 – 0.2992 – 0.2934 – 0.2757 – 0.2685 —
0.300400000 – 0.304600000 —
54.961964197552 – 55.082201610109 —
– —
0.3034 – 1770055200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – Inverse Head and Shoulder chart pattern – –