The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.
A descent down to the next support at 180.670000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 186.680000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The pair is likely to go down.
Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 195.260000000 |
| Next High | 186.680000000 |
| Current Price | 180.960000000 |
| Next Low | 180.670000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.800000000 |
186.680000000 – 195.260000000 – 189.780000000 – 180.670000000 – 184.900000000 – 184.290000000 — 39.247413306382 – 38.74897184832
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –