SOL/USDT – 30M – SELLThe combination Solana/Tether (SOL/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 204.670000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 219.050000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 223.890000000 |
| 2nd High | 221.740000000 |
| Next High | 219.050000000 |
| Current Price | 212.100000000 |
| Next Low | 204.670000000 |
| 2nd Low | 188.000000000 |
| 3rd Low | 185.890000000 |