SOL/USDT – 1H – SELLThe pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support at 177.880000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 227.560000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Engulfing’ chart pattern is discovered. The chart shows ‘Bearish Engulfing’. this 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 ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 237.750000000 |
| 2nd High | 234.690000000 |
| Next High | 227.560000000 |
| Current Price | 178.490000000 |
| Next Low | 177.880000000 |
| 2nd Low | 155.110000000 |
| 3rd Low | 153.450000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing