Sell SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) goes from the ascending trendline down.

A bearish descent downwards to the next support line at 70.8 is likely expected.

Caution: A possible change in the direction of the resistance line at 76.09 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Southern Doji’ candlestick pattern is detected. The candles show ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 83.1
2nd High 81.65
Next High 76.09
Current Price 73.780000000
Next Low 70.8
2nd Low 66.94
3rd Low 66.59

76.09 – 71.73 – 69.59 – 70.8 – 66.94 – 67.88 —
75.530000000 – 74.650000000 —
75.2198078545 – 57.126551710059 —
– —
76.09 – 1781541000

Trading Signals:

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