Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 79.685 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 81.69 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Last Engulfing Top’ candle chart pattern is existing. The chart shows ‘Last Engulfing Top’. 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 likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 83.1 |
| 2nd High | 82.78 |
| Next High | 81.69 |
| Current Price | 81.050000000 |
| Next Low | 80.34 |
| 2nd Low | 77.59 |
| 3rd Low | 76.59 |
81.69 – 81.32 – 82.78 – 80.34 – 80.41 – 77.59 —
80.980000000 – 81.110000000 —
50.31227995515 – 55.715413722604 —
– —
81.69 – 1783042200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern – –