Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.00121 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.00127 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00132 |
| 2nd High | 0.00131 |
| Next High | 0.00127 |
| Current Price | 0.001230200 |
| Next Low | 0.00121 |
| 2nd Low | 0.0012 |
| 3rd Low | 0.00117 |
0.00127 – 0.00125 – 0.00131 – 0.00121 – 0.00121 – 0.00124 —
0.001246700 – 0.001238400 —
53.316817038267 – 48.954296138851 —
– —
0.00127 – 1773360000
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Two Crows – Rising Wedge Chart Pattern – –