Additionally a ‘ ‘ indicator layout is existing. The indicator shows ‘ ‘. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 122.35 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 125.17 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 127.51 |
| 2nd High | 125.6 |
| Next High | 125.17 |
| Current Price | 123.590000000 |
| Next Low | 122.35 |
| 2nd Low | 108.21 |
| 3rd Low | 102.31 |
125.17 – 125.6 – 127.51 – 122.35 – 126.64 – 126.89 —
124.500000000 – 124.340000000 —
43.773921805384 – 49.609478409873 —
– —
125.17000 – 1769482800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Head and Shoulder chart pattern – –