Sell SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards

A bearish movement down to the next support level at 192.420000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 197.370000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Bearish Harami’ candle pattern is detected. The chart forms ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 201.850000000
2nd High 200.130000000
Next High 197.370000000
Current Price 196.130000000
Next Low 192.420000000
2nd Low 183.130000000
3rd Low 182.740000000

Download SOL/USDT Signal Image

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