The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support line at 200.580000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 208.620000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Southern Doji’ candle chart pattern is found. The candles show ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 209.860000000 |
| Next High | 208.620000000 |
| Current Price | 203.030000000 |
| Next Low | 200.580000000 |
| 2nd Low | 196.770000000 |
| 3rd Low | 177.270000000 |
208.620000000 – 202.400000000 – 185.100000000 – 200.580000000 – 196.770000000 – 177.270000000 — 52.043443426535 – 51.644705597233
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – – –