The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline downwards
A descent down to the next support level at 145.220000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 168.200000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.710000000 |
| 2nd High | 179.410000000 |
| Next High | 168.200000000 |
| Current Price | 163.330000000 |
| Next Low | 145.220000000 |
| 2nd Low | 137.140000000 |
| 3rd Low | 126.000000000 |
168.200000000 – 159.990000000 – 154.330000000 – 145.220000000 – 137.140000000 – 126.000000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern