SOL/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.001923698 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.002005000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Harami’ candlestick pattern is detected. The chart forms ‘Bearish Harami’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002023400 |
| 2nd High | 0.002009200 |
| Next High | 0.002005000 |
| Current Price | 0.001951100 |
| Next Low | 0.001892900 |
| 2nd Low | 0.001878000 |
| 3rd Low | 0.001872200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami