Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 88.685 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 92.02 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 92.26 |
| Next High | 92.02 |
| Current Price | 90.160000000 |
| Next Low | 85.11 |
| 2nd Low | 84.72 |
| 3rd Low | 84.36 |
92.02 – 92.26 – 87.33 – 85.11 – 85.14 – 86.82 —
91.900000000 – 91.030000000 —
63.022081467133 – 47.966623413189 —
– —
92.02 – 1774297800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –