The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support at 80.48 is expected.
Caution: A possible change in the direction of the resistance level at 86.09 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 88.51 |
| 2nd High | 87.69 |
| Next High | 86.09 |
| Current Price | 80.670000000 |
| Next Low | 80.48 |
| 2nd Low | 76.6 |
| 3rd Low | 67.5 |
86.09 – 87.69 – 86.93 – 80.48 – 82.92 – 82.55 —
82.010000000 – 81.890000000 —
36.67570185296 – 38.879775031341 —
– —
86.09 – 1771401600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –