In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish 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 considered certain. Current target is 0.001235 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00127 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00133 |
| 2nd High | 0.00129 |
| Next High | 0.00127 |
| Current Price | 0.001216700 |
| Next Low | 0.0012 |
| 2nd Low | 0.00117 |
| 3rd Low | 0.00112 |
0.00127 – 0.00126 – 0.00124 – 0.0012 – 0.00124 – 0.00123 —
0.001217600 – 0.001213900 —
31.85457196266 – 31.000087379968 —
– —
0.00127 – 1771686000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – Double bottom chart pattern – –