The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A descent down to the next support line at 173.430000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 185.870000000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 177.32 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 185.870000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.070000000 |
| 2nd High | 195.890000000 |
| Next High | 185.870000000 |
| Current Price | 176.210000000 |
| Next Low | 173.430000000 |
| 2nd Low | 167.000000000 |
| 3rd Low | 166.700000000 |
185.870000000 – 195.890000000 – 189.650000000 – 177.320000000 – 180.000000000 – 185.200000000 — 33.670142399622 – 32.431044277355
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Symmetrical Triangle Chart Pattern – –