The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support at 80.26 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 87.06 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.85 |
| 2nd High | 88.92 |
| Next High | 87.06 |
| Current Price | 85.550000000 |
| Next Low | 80.26 |
| 2nd Low | 77.12 |
| 3rd Low | 75.63 |
87.06 – 85.75 – 84.61 – 80.26 – 81.18 – 81.74 —
86.020000000 – 86.910000000 —
51.56944100621 – 63.214856264614 —
– —
87.06 – 1773084600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –