Sell SOL/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 212.58396 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 234.690000000 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. 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 ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 243.610000000
2nd High 237.750000000
Next High 234.690000000
Current Price 221.250000000
Next Low 215.680000000
2nd Low 203.210000000
3rd Low 203.000000000

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