Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.2826148 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.3027 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Harami’ candlestick pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3319 |
| 2nd High | 0.305 |
| Next High | 0.3027 |
| Current Price | 0.287300000 |
| Next Low | 0.2817 |
| 2nd Low | 0.2757 |
| 3rd Low | 0.2685 |
0.3027 – 0.305 – 0.3019 – 0.2817 – 0.2938 – 0.2934 —
0.294000000 – 0.287500000 —
29.08376294384 – 34.955416075957 —
– —
0.3027 – 1770177600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami – – –