The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support line at 175.910000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 195.260000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 206.300000000 |
| Next High | 195.260000000 |
| Current Price | 179.940000000 |
| Next Low | 175.910000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
195.260000000 – 189.780000000 – 191.760000000 – 180.670000000 – 184.900000000 – 184.290000000 — 34.132434734313 – 32.989575737795
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –