Buy SOL/USDT – 30M – BUY

The pair Solana/Tether (SOL/USDT) moves from the ascending trendline down.

The bearish trend downwards to the next support level at 211.460000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 219.050000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 223.890000000
2nd High 221.740000000
Next High 219.050000000
Current Price 212.030000000
Next Low 211.460000000
2nd Low 204.670000000
3rd Low 188.000000000

Download SOL/USDT Signal Image

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