Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.2544 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.2509 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2769 |
| 2nd High | 0.268 |
| Next High | 0.2509 |
| Current Price | 0.247800000 |
| Next Low | 0.2408 |
| 2nd Low | 0.2381 |
| 3rd Low | 0.2374 |
0.2509 – 0.2508 – 0.268 – 0.2408 – 0.2444 – 0.2473 —
0.244500000 – 0.246600000 —
43.345965111557 – 51.987368962485 —
– —
0.2509 – 1776603600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –