Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00105 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.00108 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00112 |
| 2nd High | 0.0011 |
| Next High | 0.00108 |
| Current Price | 0.001055100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00108 – 0.00107 – 0.00106 – 0.00106 – 0.00105 – 0.00105 —
0.001059600 – 0.001056500 —
38.288610020933 – 34.552470166594 —
– —
0.00108 – 1781386200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –