Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 79.77888 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 80.59 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Outside Up’ chart pattern is discovered. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 86.65 |
| 2nd High | 81.75 |
| Next High | 80.59 |
| Current Price | 80.070000000 |
| Next Low | 76.7 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
80.59 – 81.75 – 81.61 – 79.41 – 79.57 – 79.92 —
79.240000000 – 79.090000000 —
34.416457473978 – 39.928519994027 —
– —
80.59 – 1775552400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –