SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 137.140000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 154.330000000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 173.460000000 |
| 2nd High | 167.460000000 |
| Next High | 154.330000000 |
| Current Price | 151.140000000 |
| Next Low | 137.140000000 |
| 2nd Low | 130.680000000 |
| 3rd Low | 126.000000000 |
143.960000000 – 148.000000000 – 147.950000000 – 137.140000000 – 142.250000000 – 142.820000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern