SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 176.240000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 189.780000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 191.870000000 |
| 2nd High | 191.760000000 |
| Next High | 189.780000000 |
| Current Price | 186.140000000 |
| Next Low | 176.240000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.910000000 |
189.780000000 – 186.930000000 – 182.080000000 – 176.240000000 – 175.910000000 – 179.210000000 — 53.022017964267 – 51.373996359566
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –