SOL/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 130.1 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 136.120000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Two Crows’ chart pattern is found. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 139.880000000 |
| 2nd High | 136.710000000 |
| Next High | 136.120000000 |
| Current Price | 133.080000000 |
| Next Low | 123.490000000 |
| 2nd Low | 120.760000000 |
| 3rd Low | 112.000000000 |