Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.00112 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.0012 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Harami’ candlestick pattern is detected. The chart shows ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00125 |
| 2nd High | 0.00121 |
| Next High | 0.0012 |
| Current Price | 0.001137800 |
| Next Low | 0.00112 |
| 2nd Low | |
| 3rd Low |
0.0012 – 0.00115 – 0.00117 – 0.00112 – 0.00114 – 0.00115 —
0.001142800 – 0.001144300 —
30.781158320268 – 34.668126632959 —
– —
0.0012 – 1776369600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Bearish Harami – – –