Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 91.5783 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 92.96 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119.12 |
| 2nd High | 94.05 |
| Next High | 92.96 |
| Current Price | 89.000000000 |
| Next Low | 84.78 |
| 2nd Low | 82.5 |
| 3rd Low | 82.37 |
92.96 – 94.05 – 91.48 – 89.61 – 84.78 – 82.5 —
91.490000000 – 88.520000000 —
49.083550127236 – 35.106575912703 —
– —
92.96 – 1772706600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three White Soldiers – – –