In addition a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 129.92 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 129.77 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 135.16 |
| 2nd High | 134.63 |
| Next High | 129.77 |
| Current Price | 127.610000000 |
| Next Low | 124.68 |
| 2nd Low | 108.21 |
| 3rd Low | 102.31 |
129.77 – 134.63 – 135.16 – 124.68 – 126.3 – 128.36 —
126.380000000 – 127.250000000 —
27.945467319028 – 42.575740690479 —
– —
129.77000 – 1768919400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –