SOL/USDT – 1H – SELLThe combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support level at 182.740000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 201.850000000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Below The Stomach’ candlestick pattern is discovered. The chart shows ‘Below The Stomach’. 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 success rate of a ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 234.690000000 |
| 2nd High | 227.560000000 |
| Next High | 201.850000000 |
| Current Price | 196.130000000 |
| Next Low | 182.740000000 |
| 2nd Low | 176.480000000 |
| 3rd Low |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Below The Stomach