Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 213.64 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 221.800000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Engulfing’ candlestick pattern is detected. The chart forms ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 222.800000000 |
2nd High | 221.990000000 |
Next High | 221.800000000 |
Current Price | 216.150000000 |
Next Low | 213.350000000 |
2nd Low | 206.710000000 |
3rd Low | 204.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing