Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 221.8 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 256.700000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ chart pattern is discovered. 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 success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 264.000000000 |
2nd High | 263.600000000 |
Next High | 256.700000000 |
Current Price | 228.780000000 |
Next Low | 221.800000000 |
2nd Low | 212.100000000 |
3rd Low | 204.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows