Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 185.94358 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 197.710000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative 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 | 201.850000000 |
2nd High | 200.130000000 |
Next High | 197.710000000 |
Current Price | 189.510000000 |
Next Low | 183.130000000 |
2nd Low | 182.740000000 |
3rd Low | 180.730000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows