Sell SOL/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 221.8 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 239.660000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Line Strike – Bearish’ candle chart pattern is found. The chart forms ‘Three Line Strike – Bearish’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 259.780000000
2nd High 256.700000000
Next High 239.660000000
Current Price 229.620000000
Next Low 223.400000000
2nd Low 221.800000000
3rd Low 212.100000000

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