SOL/USDT – 4H – BUYAlso there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 87.45088 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 88.08 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Shooting Star’ candlestick chart pattern is existing. The chart forms ‘Shooting Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90.73 |
| 2nd High | 89.32 |
| Next High | 88.08 |
| Current Price | 88.990000000 |
| Next Low | 83.23 |
| 2nd Low | 81.4 |
| 3rd Low | 81.27 |
85.56 – 88.08 – 86.94 – 83.23 – 81.4 – 84.48 —
85.120000000 – 90.030000000 —
55.62444684036 – 79.62817022275 —
– —
85.56 – 1777449600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Shooting Star – – –