The combination Solana/Tether (SOL/USDT) moves from the ascending trendline downwards
A descending movement down to the next support at 173.600000000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 185.870000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.070000000 |
| 2nd High | 195.890000000 |
| Next High | 185.870000000 |
| Current Price | 176.880000000 |
| Next Low | 173.600000000 |
| 2nd Low | 173.430000000 |
| 3rd Low | 167.000000000 |
185.870000000 – 185.700000000 – 195.890000000 – 177.320000000 – 180.000000000 – 189.940000000 — 34.194602664352 – 33.304082484082
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –