Sell SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 95.26 is likely expected.

Caution: A possible change in the direction of resistance at 119.12 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Matching Low’ candle chart pattern is existing. The candles form ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 130.2
2nd High 128.13
Next High 119.12
Current Price 96.110000000
Next Low 95.26
2nd Low
3rd Low

119.12 – 118.14 – 128.13 – 96.46 – 96.64 – 114.34 —
98.250000000 – 97.210000000 —
43.176624437361 – 40.959079247453 —
– —
119.12 – 1769799600

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