SOL/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 231.6648 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 256.700000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Engulfing’ chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 263.600000000 |
| 2nd High | 259.780000000 |
| Next High | 256.700000000 |
| Current Price | 240.150000000 |
| Next Low | 227.510000000 |
| 2nd Low | 223.400000000 |
| 3rd Low | 221.800000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing