SOL/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 78.35 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 88.51 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

88.51 – 89.08 – 88.99 – 67.5 – 102.18 – 112.14 —
84.870000000 – 84.540000000 —
40.698630682522 – 42.900433560346 —
– —
88.51 – 1770660600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –