Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 186.13 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 200.130000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish 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 | 221.740000000 |
2nd High | 201.850000000 |
Next High | 200.130000000 |
Current Price | 188.930000000 |
Next Low | 186.130000000 |
2nd Low | 180.730000000 |
3rd Low | 176.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows