Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 76.7 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 79.67 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91.98 |
| 2nd High | 86.65 |
| Next High | 79.67 |
| Current Price | 78.580000000 |
| Next Low | 76.700000000 |
| 2nd Low | |
| 3rd Low |
79.67 – 86.65 – 84.74 – 76.700000000 – 78.3 – 82.4 —
77.890000000 – 79.670000000 —
30.208063322378 – 54.133889089599 —
76.700000000 – 1775136600 —
79.67 – 1775115000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –