Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 99.22 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 128.13 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 132.17 |
| 2nd High | 130.94 |
| Next High | 128.13 |
| Current Price | 83.110000000 |
| Next Low | 67.5 |
| 2nd Low | |
| 3rd Low |
128.13 – 127.84 – 127.51 – 67.5 – 102.18 – 112.14 —
78.030000000 – 81.750000000 —
29.299495101898 – 42.955936111926 —
– —
128.13 – 1769594400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –