Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 91.2 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 97.68 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.94 |
| 2nd High | 128.13 |
| Next High | 97.68 |
| Current Price | 93.920000000 |
| Next Low | 92.37 |
| 2nd Low | 87.36 |
| 3rd Low | 86.51 |
97.68 – 88.88 – 92.98 – 92.37 – 87.36 – 86.51 —
95.030000000 – 95.650000000 —
56.764056842576 – 56.486331736108 —
– —
97.68 – 1773698400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –