SOL/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 87.87 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 94.05 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart forms ‘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’ heading down is 79%.

94.05 – 90.29 – 88.9 – 89.61 – 82.5 – 82.37 —
91.010000000 – 92.070000000 —
55.93184292761 – 51.777095305813 —
– —
94.05 – 1772650800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –