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 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Line Strike – Bearish