SOL/USDT – 30M – SELLThe combination Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A descent downwards to the next support line at 194.150000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 204.960000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Engulfing’ candle pattern is existing. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 206.300000000 |
| Next High | 204.960000000 |
| Current Price | 207.550000000 |
| Next Low | 194.150000000 |
| 2nd Low | 173.600000000 |
| 3rd Low | 173.430000000 |
204.960000000 – 176.740000000 – 186.800000000 – 194.150000000 – 173.600000000 – 173.430000000 — 69.122935719979 – 67.407325503809
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –