And also a ‘Triple bottom chart pattern’ chart formation is existing. The formation shows ‘Triple bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.0016322592 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.001655200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001707300 |
| 2nd High | 0.001662300 |
| Next High | 0.001655200 |
| Current Price | 0.001645100 |
| Next Low | 0.001576400 |
| 2nd Low | 0.001557500 |
| 3rd Low | 0.001548000 |
0.001599400 – 0.001590300 – 0.001592200 – 0.001576400 – 0.001557500 – 0.001548000 — 69.806334626079 – 61.407187927566
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Northern Doji – Triple bottom chart pattern – –