Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 88.685 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 92.02 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 92.26 |
| Next High | 92.02 |
| Current Price | 90.340000000 |
| Next Low | 85.11 |
| 2nd Low | 84.72 |
| 3rd Low | 84.36 |
92.02 – 92.26 – 87.33 – 85.11 – 85.14 – 86.82 —
91.680000000 – 90.350000000 —
55.92360397526 – 47.764608958652 —
– —
92.02 – 1774297800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami – – –