SOL/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 171.04922 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 173.110000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing