Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.00126 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00132 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. 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 | 0.00141 |
| 2nd High | 0.00133 |
| Next High | 0.00132 |
| Current Price | 0.001280500 |
| Next Low | 0.00122 |
| 2nd Low | 0.00121 |
| 3rd Low | 0.0012 |
0.00132 – 0.00127 – 0.00126 – 0.00122 – 0.00128 – 0.00121 —
0.001261300 – 0.001297800 —
56.419219370637 – 66.973667741819 —
– —
0.00132 – 1772053200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –