The combination Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 84.34 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 92.1 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Also there is a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.94 |
| 2nd High | 128.13 |
| Next High | 92.1 |
| Current Price | 84.710000000 |
| Next Low | 84.34 |
| 2nd Low | 75.63 |
| 3rd Low | 67.5 |
92.1 – 82.99 – 86.72 – 84.34 – 75.63 – 83.97 —
86.150000000 – 87.930000000 —
49.071822034558 – 58.089081373376 —
– —
92.1 – 1772053200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Double top chart pattern – –