The currency pair Solana/Tether (SOL/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 132.74 will continue.
Caution: A possible trend reversal in the direction of resistance at 135.16 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ” indicator signal is discovered. The indicator shows ”. which could be a positive chart signal. The pair is likely to go up.
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There is also a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Falling Window’ candlestick chart pattern is discovered. The chart forms ‘Falling Window’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 146 |
| 2nd High | 143.86 |
| Next High | 135.16 |
| Current Price | 130.090000000 |
| Next Low | 132.74 |
| 2nd Low | 132.71 |
| 3rd Low | 130 |
135.16 – 134.37 – 143.86 – 132.74 – 133.27 – 132.71 —
133.970000000 – 132.090000000 —
45.71794891798 – 27.909367321489 —
– —
135.16000 – 1768852800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Falling Window – Double top chart pattern – –