SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 192.420000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 197.370000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. 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 | 201.850000000 |
| 2nd High | 200.130000000 |
| Next High | 197.370000000 |
| Current Price | 192.850000000 |
| Next Low | 192.420000000 |
| 2nd Low | 183.130000000 |
| 3rd Low | 182.740000000 |