Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 90.10812 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 94.05 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 237.22 |
| 2nd High | 128.13 |
| Next High | 94.05 |
| Current Price | 85.970000000 |
| Next Low | 77.12 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
94.05 – 90.29 – 92.1 – 77.12 – 75.63 – 79.61 —
83.100000000 – 84.600000000 —
39.164598502718 – 45.102801204549 —
– —
94.05 – 1772640000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –