Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.2651464 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.2774 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2899 |
| 2nd High | 0.2874 |
| Next High | 0.2774 |
| Current Price | 0.272800000 |
| Next Low | 0.2714 |
| 2nd Low | 0.2575 |
| 3rd Low | 0.2504 |
0.2774 – 0.2874 – 0.2899 – 0.2714 – 0.2773 – 0.2769 —
0.274600000 – 0.273300000 —
35.441701585544 – 46.92534157825 —
– —
0.2774 – 1771484400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –