Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 209.78166 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 234.690000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 243.610000000 |
2nd High | 237.750000000 |
Next High | 234.690000000 |
Current Price | 217.380000000 |
Next Low | 203.210000000 |
2nd Low | 203.000000000 |
3rd Low | 199.730000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows