The pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support level at 84.48 is expected.
Caution: A possible counter-trend in the direction of resistance at 86.36 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Also there is a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.32 |
| 2nd High | 86.66 |
| Next High | 86.36 |
| Current Price | 86.290000000 |
| Next Low | 84.48 |
| 2nd Low | 84.31 |
| 3rd Low | 82.94 |
86.36 – 86.66 – 86.24 – 84.48 – 85.2 – 85.48 —
85.730000000 – 86.790000000 —
45.704737856995 – 65.93603659455 —
– —
86.36 – 1776988800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – – –