SOL/USDT – 30M – SELLThe combination Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support level at 205.680000000 will continue.
Caution: A possible change in the direction of the resistance zone at 211.940000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 214.940000000 |
| 2nd High | 213.020000000 |
| Next High | 211.940000000 |
| Current Price | 208.130000000 |
| Next Low | 205.680000000 |
| 2nd Low | 197.370000000 |
| 3rd Low | 194.190000000 |
211.940000000 – 213.020000000 – 211.970000000 – 205.680000000 – 197.370000000 – 194.190000000 — 52.2141150188 – 50.331368694254
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – – –