Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.00109 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.00109 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00112 |
| 2nd High | 0.0011 |
| Next High | 0.00109 |
| Current Price | 0.001084200 |
| Next Low | 0.00105 |
| 2nd Low | 0.00104 |
| 3rd Low | 0.00103 |
0.00109 – 0.00108 – 0.00107 – 0.00105 – 0.00106 – 0.00105 —
0.001088700 – 0.001082600 —
73.822326328563 – 62.547275813049 —
– —
0.00109 – 1781481600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Outside Up – – –