SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support line at 177.530000000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 186.420000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.890000000 |
| 2nd High | 190.100000000 |
| Next High | 186.420000000 |
| Current Price | 180.050000000 |
| Next Low | 177.530000000 |
| 2nd Low | 175.690000000 |
| 3rd Low | 173.600000000 |
186.420000000 – 190.100000000 – 183.420000000 – 185.510000000 – 177.530000000 – 175.690000000 — 35.119955377035 – 34.783505949824
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – Double top chart pattern – –