Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.24955 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.2488 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Engulfing’ candle chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive 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 Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2564 |
| 2nd High | 0.2561 |
| Next High | 0.2488 |
| Current Price | 0.246400000 |
| Next Low | 0.245 |
| 2nd Low | 0.243 |
| 3rd Low | 0.2408 |
0.2488 – 0.2485 – 0.2487 – 0.245 – 0.243 – 0.2463 —
0.247100000 – 0.246500000 —
49.017420407408 – 48.190895134663 —
– —
0.2488 – 1777352400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –