SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) goes from the ascending trendline down.
A bearish descent down to the next support level at 201.720000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 214.940000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 218.000000000 |
| Next High | 214.940000000 |
| Current Price | 201.660000000 |
| Next Low | 201.720000000 |
| 2nd Low | 193.780000000 |
| 3rd Low | 186.670000000 |
214.940000000 – 218.000000000 – 216.890000000 – 205.340000000 – 207.170000000 – 201.720000000 — 38.1469720721 – 35.420976233165
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Double top chart pattern – –