Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.001115 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.00111 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00115 |
| 2nd High | 0.00114 |
| Next High | 0.00111 |
| Current Price | 0.001102500 |
| Next Low | 0.00109 |
| 2nd Low | |
| 3rd Low |
0.0011 – 0.0011 – 0.00111 – 0.00109 – 0.0011 – 0.00111 —
0.001100500 – 0.001102200 —
50.148808383706 – 55.476675026213 —
– —
0.0011 – 1777003200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bullish Belt Hold – – –