And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 79.225 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 81.75 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Harami’ candlestick chart pattern is found. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93.47 |
| 2nd High | 86.65 |
| Next High | 81.75 |
| Current Price | 79.940000000 |
| Next Low | 79.57 |
| 2nd Low | 76.7 |
| 3rd Low | 75.63 |
81.75 – 81.61 – 80.91 – 79.57 – 76.7 – 81.96 —
80.590000000 – 79.190000000 —
54.37820510362 – 39.557043652802 —
– —
81.75 – 1775511000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami – Symmetrical Triangle Chart Pattern – –