SOL/USDT – 30M – SELL

Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 85.53 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 88.08 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Matching Low’ chart pattern is existing. The chart forms ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

88.08 – 86.76 – 86.8 – 86.19 – 85.9 – 85.84 —
86.060000000 – 85.630000000 —
34.441447091043 – 36.701908107222 —
– —
88.08 – 1777257000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –