Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 70.44 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 68.55 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Up’ candlestick pattern is found. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 75 |
| 2nd High | 70.44 |
| Next High | 68.55 |
| Current Price | 69.470000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
68.55 – 70.44 – 70.41 – 64.71 – 69 – 68.4 —
67.940000000 – 69.310000000 —
50.841976338648 – 63.979865222612 —
– —
68.55 – 1782338400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –