Sell SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 188.000000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 223.180000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 227.560000000
2nd High 223.890000000
Next High 223.180000000
Current Price 191.330000000
Next Low 188.000000000
2nd Low 185.890000000
3rd Low 183.130000000

Download SOL/USDT Signal Image

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