Sell SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.

A bearish descent downwards to the next support level at 84.48 is expected.

Caution: A possible counter-trend in the direction of resistance at 86.36 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 89.32
2nd High 86.66
Next High 86.36
Current Price 86.290000000
Next Low 84.48
2nd Low 84.31
3rd Low 82.94

86.36 – 86.66 – 86.24 – 84.48 – 85.2 – 85.48 —
85.730000000 – 86.790000000 —
45.704737856995 – 65.93603659455 —
– —
86.36 – 1776988800

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