The combination Solana/Tether (SOL/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 78.38 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 83.42 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.41 |
| 2nd High | 88 |
| Next High | 83.42 |
| Current Price | 79.440000000 |
| Next Low | 78.38 |
| 2nd Low | 76.7 |
| 3rd Low | 75.63 |
83.42 – 88 – 98.41 – 80 – 83.7 – 83.5 —
82.920000000 – 81.300000000 —
47.969530468034 – 43.020322677257 —
– —
83.42 – 1780185600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –