Sell SOL/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 229.6 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 256.700000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 264.000000000
2nd High 263.600000000
Next High 256.700000000
Current Price 234.180000000
Next Low 229.600000000
2nd Low 212.100000000
3rd Low 204.480000000

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