SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 234.090000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 237.680000000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 244.820000000 |
| 2nd High | 243.610000000 |
| Next High | 237.680000000 |
| Current Price | 231.830000000 |
| Next Low | 234.090000000 |
| 2nd Low | 233.220000000 |
| 3rd Low | 215.000000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing