The pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 92.39 will continue.
Caution: A possible change in the direction of the resistance zone at 93.65 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 94.17 |
| Next High | 93.65 |
| Current Price | 93.130000000 |
| Next Low | 92.39 |
| 2nd Low | 91.73 |
| 3rd Low | 87.6 |
93.65 – 94.17 – 92.8 – 92.39 – 91.73 – 87.6 —
93.420000000 – 93.490000000 —
54.079934891546 – 52.262054272609 —
– —
93.65 – 1778349600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – – –