The pair Solana/Tether (SOL/USDT) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 81.330000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 83.42 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 86.13 |
| 2nd High | 84.84 |
| Next High | 83.42 |
| Current Price | 82.040000000 |
| Next Low | 81.330000000 |
| 2nd Low | 80.35 |
| 3rd Low | 80 |
83.42 – 83.24 – 83.01 – 81.330000000 – 80.35 – 80 —
81.800000000 – 82.900000000 —
31.743055535875 – 53.609996931105 —
81.330000000 – 1780254000 —
83.42 – 1780192800