SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 215.000000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 237.750000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 244.820000000 |
| 2nd High | 243.610000000 |
| Next High | 237.750000000 |
| Current Price | 226.400000000 |
| Next Low | 215.000000000 |
| 2nd Low | 212.100000000 |
| 3rd Low | 206.710000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing