SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 173.240000000 will continue.
Caution: A possible change in the direction of the resistance line at 182.020000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 187.710000000 |
| 2nd High | 184.670000000 |
| Next High | 182.020000000 |
| Current Price | 177.380000000 |
| Next Low | 173.240000000 |
| 2nd Low | 171.210000000 |
| 3rd Low | 168.710000000 |
182.020000000 – 184.670000000 – 178.190000000 – 173.240000000 – 171.210000000 – 168.710000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Northern Doji –