Sell SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.

A bearish trend downwards to the next support line at 195.000000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 213.600000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 213.600000000
Current Price 195.910000000
Next Low 195.000000000
2nd Low 177.270000000
3rd Low 175.690000000

213.600000000 – 211.970000000 – 211.990000000 – 195.000000000 – 201.090000000 – 203.410000000 — 39.350474426709 – 37.54631066158

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