SOL/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 82.7 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 85.67 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Harami’ candlestick pattern is detected. The candles show ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.02 |
| 2nd High | 85.95 |
| Next High | 85.67 |
| Current Price | 84.800000000 |
| Next Low | 82.62 |
| 2nd Low | 81.4 |
| 3rd Low | 78.38 |
85.67 – 85.95 – 87.02 – 82.62 – 81.4 – 81.7 —
84.430000000 – 84.880000000 —
47.829888021407 – 55.95415756654 —
– —
85.67 – 1775851200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami – – –