SOL/USDT – 30M – BUYNext a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 126.275 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 125.6 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Up’ chart pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.2 |
| 2nd High | 127.51 |
| Next High | 125.6 |
| Current Price | 124.340000000 |
| Next Low | 122.35 |
| 2nd Low | 108.21 |
| 3rd Low | 102.31 |
125.6 – 127.51 – 130.2 – 122.35 – 126.64 – 126.89 —
124.140000000 – 124.290000000 —
45.490209007225 – 44.799332105731 —
– —
125.60000 – 1769452200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –