Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often 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 is expected. Current target is 0.001105 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.00113 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00118 |
| 2nd High | 0.00115 |
| Next High | 0.00113 |
| Current Price | 0.001115300 |
| Next Low | 0.00111 |
| 2nd Low | 0.00108 |
| 3rd Low | 0.00105 |
0.00113 – 0.00113 – 0.00113 – 0.00112 – 0.00111 – 0.00111 —
0.001121900 – 0.001120800 —
47.147476845656 – 43.629404404202 —
– —
0.00113 – 1781661600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Belt Hold – – –