SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 180.730000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 193.480000000 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 223.890000000 |
| 2nd High | 221.740000000 |
| Next High | 193.480000000 |
| Current Price | 191.660000000 |
| Next Low | 180.730000000 |
| 2nd Low | 176.480000000 |
| 3rd Low | 163.110000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing