The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 81.96 will continue.
Caution: A possible change in the direction of resistance at 84.99 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 93.47 |
| Next High | 84.99 |
| Current Price | 83.150000000 |
| Next Low | 81.96 |
| 2nd Low | 78.96 |
| 3rd Low | 77.12 |
84.99 – 84.29 – 93.47 – 81.96 – 78.96 – 81.69 —
82.900000000 – 83.920000000 —
45.041863268591 – 53.26749025682 —
– —
84.99 – 1774875600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –