The combination Solana/Tether (SOL/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 184.290000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 189.780000000 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 191.870000000 |
| 2nd High | 191.760000000 |
| Next High | 189.780000000 |
| Current Price | 186.430000000 |
| Next Low | 184.290000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.800000000 |
189.780000000 – 191.760000000 – 191.870000000 – 184.290000000 – 175.910000000 – 179.210000000 — 51.937864114457 – 48.698221284821
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom retreat down –