The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support level at is certain.
Caution: A possible trend reversal in the direction of resistance at 75.65 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
In addition a ‘Southern Doji’ candlestick pattern is found. The candles show ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 81.65 |
| 2nd High | 76.09 |
| Next High | 75.65 |
| Current Price | 73.680000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
75.65 – 76.09 – 71.73 – 72.29 – 72.77 – 70.8 —
73.970000000 – 74.400000000 —
47.929617217362 – 53.686896802281 —
– —
75.65 – 1781598900
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – – –