Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.00109 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.00116 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Collapsing Doji Star’ candle pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0012 |
| 2nd High | 0.00118 |
| Next High | 0.00116 |
| Current Price | 0.001104100 |
| Next Low | 0.00109 |
| 2nd Low | 0.00108 |
| 3rd Low | 0.00105 |
0.00116 – 0.00116 – 0.00115 – 0.00112 – 0.00114 – 0.00111 —
0.001121700 – 0.001106200 —
31.213988745056 – 30.670228520577 —
– —
0.00116 – 1782111600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –