The combination Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish movement downwards to the next support level at 211.690000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 221.050000000 |
| Next Low | 211.690000000 |
| 2nd Low | 210.790000000 |
| 3rd Low | 201.480000000 |
219.790000000 – 217.110000000 – 210.000000000 – 211.690000000 – 210.790000000 – 201.480000000 — 55.3736814552 – 54.664565088686
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –