Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.2515588 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.2528 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2561 |
| 2nd High | 0.254 |
| Next High | 0.2528 |
| Current Price | 0.251100000 |
| Next Low | 0.2475 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2454 |
0.2528 – 0.2515 – 0.2504 – 0.2475 – 0.247 – 0.2475 —
0.249500000 – 0.250200000 —
47.004107335157 – 55.51740655365 —
– —
0.2528 – 1777757400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –