The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 83.23 will persist.
Caution: A possible change in the direction of the resistance level at 98.41 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Additionally a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 237.22 |
| 2nd High | 128.13 |
| Next High | 98.41 |
| Current Price | 84.890000000 |
| Next Low | 83.23 |
| 2nd Low | 81.4 |
| 3rd Low | 81.27 |
98.41 – 85.56 – 88.08 – 85.52 – 83.23 – 81.4 —
86.710000000 – 86.940000000 —
30.839743474212 – 35.206989790418 —
– —
98.41 – 1778529600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –