Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 79.21724 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 82.67 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.69 |
| 2nd High | 86.09 |
| Next High | 82.67 |
| Current Price | 81.930000000 |
| Next Low | 80.48 |
| 2nd Low | 76.6 |
| 3rd Low | 67.5 |
82.67 – 86.09 – 87.69 – 80.48 – 82.92 – 82.55 —
81.890000000 – 82.050000000 —
38.879774934079 – 52.524936315607 —
– —
82.67 – 1771484400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – – –