Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00116 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.00123 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Belt Hold’ candle chart pattern is found. The chart forms ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00126 |
| 2nd High | 0.00125 |
| Next High | 0.00123 |
| Current Price | 0.001194800 |
| Next Low | 0.00119 |
| 2nd Low | 0.0011 |
| 3rd Low | 0.00109 |
0.00123 – 0.00117 – 0.00114 – 0.00119 – 0.0011 – 0.00111 —
0.001191800 – 0.001201400 —
47.173055559951 – 54.849509621899 —
– —
0.00123 – 1782502200
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –