There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 92.98 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 94.05 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 128.13 |
| 2nd High | 119.12 |
| Next High | 94.05 |
| Current Price | 94.120000000 |
| Next Low | 87.36 |
| 2nd Low | 86.62 |
| 3rd Low | 86.51 |
88.88 – 88.71 – 92.98 – 87.36 – 86.62 – 86.51 —
92.400000000 – 93.750000000 —
71.850197471976 – 71.396632278126 —
– —
88.88 – 1773565200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –