SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support level at 188.570000000 will continue.
Caution: A possible counter-trend in the direction of resistance at 197.710000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Belt Hold’ chart pattern is discovered. The chart shows ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 201.850000000 |
| 2nd High | 200.130000000 |
| Next High | 197.710000000 |
| Current Price | 187.740000000 |
| Next Low | 188.570000000 |
| 2nd Low | 183.130000000 |
| 3rd Low | 182.740000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold