Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00121 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.0013 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Engulfing’ candle chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00133 |
| 2nd High | 0.00132 |
| Next High | 0.0013 |
| Current Price | 0.001232900 |
| Next Low | 0.00122 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.00118 |
0.0013 – 0.00132 – 0.00122 – 0.00122 – 0.00124 – 0.00128 —
0.001234600 – 0.001237400 —
33.117045209882 – 43.190475172515 —
– —
0.0013 – 1772163000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Engulfing – – –