SOL/USDT – 1H – BUYFurthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 128.755 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 127.51 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 132.17 |
| 2nd High | 130.94 |
| Next High | 127.51 |
| Current Price | 125.850000000 |
| Next Low | 122.35 |
| 2nd Low | 108.21 |
| 3rd Low | 101.26 |
127.51 – 130.94 – 132.17 – 122.35 – 126.73 – 125.26 —
124.140000000 – 126.330000000 —
39.730144524705 – 46.850558941558 —
– —
127.51000 – 1769281200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –