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 0.2646776 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.278 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Harami’ candlestick chart pattern is detected. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2887 |
| 2nd High | 0.285 |
| Next High | 0.278 |
| Current Price | 0.269400000 |
| Next Low | 0.2584 |
| 2nd Low | 0.2576 |
| 3rd Low | 0.2536 |
0.278 – 0.285 – 0.2743 – 0.2702 – 0.2726 – 0.2584 —
0.276000000 – 0.268800000 —
39.799989282506 – 40.707283456253 —
– —
0.278 – 1772713800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami – – –