The currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 192.420000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 196.100000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 201.850000000 |
2nd High | 200.130000000 |
Next High | 196.100000000 |
Current Price | 195.300000000 |
Next Low | 192.420000000 |
2nd Low | 183.130000000 |
3rd Low | 182.740000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low