SOL/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00250115 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.002514000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Evening Star’ candlestick pattern is existing. The chart shows ‘Evening Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002599900 |
| 2nd High | 0.002550000 |
| Next High | 0.002514000 |
| Current Price | 0.002507500 |
| Next Low | 0.002474500 |
| 2nd Low | 0.002452300 |
| 3rd Low | 0.002427200 |
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Evening Star