ADA/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.24955 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.2561 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.268 |
| 2nd High | 0.2576 |
| Next High | 0.2561 |
| Current Price | 0.246500000 |
| Next Low | 0.243 |
| 2nd Low | 0.2408 |
| 3rd Low | 0.2381 |
0.2561 – 0.2544 – 0.2539 – 0.243 – 0.2482 – 0.2446 —
0.248100000 – 0.247200000 —
49.135573682909 – 45.188005968278 —
– —
0.2561 – 1777255200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –