SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 241.530000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 248.090000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 249.600000000 |
| Next High | 248.090000000 |
| Current Price | 244.460000000 |
| Next Low | 241.530000000 |
| 2nd Low | 235.730000000 |
| 3rd Low | 221.720000000 |
248.090000000 – 249.600000000 – 243.720000000 – 241.530000000 – 235.730000000 – 221.720000000 — 46.554140970033 – 45.768688857859
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – Double top retreat up – –