Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.00201015 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.002031300 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002156000 |
2nd High | 0.002155900 |
Next High | 0.002031300 |
Current Price | 0.001925800 |
Next Low | 0.001853600 |
2nd Low | 0.001842700 |
3rd Low |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers