The currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 176.240000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 186.930000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 191.870000000 |
| 2nd High | 191.760000000 |
| Next High | 186.930000000 |
| Current Price | 185.960000000 |
| Next Low | 176.240000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.910000000 |
186.930000000 – 182.080000000 – 191.760000000 – 176.240000000 – 175.910000000 – 179.210000000 — 60.094113292906 – 58.850596501611
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Double bottom chart pattern –