Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 85.19972 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 88.08 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Outside Up’ candlestick chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. 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 | 90.73 |
| 2nd High | 89.32 |
| Next High | 88.08 |
| Current Price | 84.820000000 |
| Next Low | 82.94 |
| 2nd Low | 82.65 |
| 3rd Low | 81.27 |
88.08 – 86.76 – 86.8 – 85.53 – 84.92 – 84.48 —
85.830000000 – 84.510000000 —
35.77560383394 – 32.212347461658 —
– —
88.08 – 1777255200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –