SOL/USDT – 30M – SELLThe combination Solana/Tether (SOL/USDT) goes from the bullish trendline down.
A descending movement down to the next support at 230.370000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 242.540000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles form ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 248.440000000 |
| 2nd High | 247.500000000 |
| Next High | 242.540000000 |
| Current Price | 231.800000000 |
| Next Low | 230.370000000 |
| 2nd Low | 229.400000000 |
| 3rd Low | 212.100000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing