SOL/USDT – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 250.25124 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 246.770000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Bullish Engulfing’ candle chart pattern is existing. The chart forms ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 264.390000000 |
| Next High | 246.770000000 |
| Current Price | 236.020000000 |
| Next Low | 215.000000000 |
| 2nd Low | 204.480000000 |
| 3rd Low | 194.860000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Engulfing