The pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
The bearish trend down to the next support line at 81.36 is expected.
Caution: A possible change in the direction of resistance at 82.83 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Then a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.84 |
| 2nd High | 83.98 |
| Next High | 82.83 |
| Current Price | 81.300000000 |
| Next Low | 81.36 |
| 2nd Low | 80.34 |
| 3rd Low | 77.59 |
82.83 – 83.98 – 83.22 – 81.36 – 81.8 – 80.34 —
82.290000000 – 81.860000000 —
41.116104953858 – 44.838740690228 —
– —
82.83 – 1783186200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –