The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 188.330000000 will persist.
Caution: A possible change in the direction of the resistance line at 196.470000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 200.130000000 |
2nd High | 197.710000000 |
Next High | 196.470000000 |
Current Price | 190.250000000 |
Next Low | 188.330000000 |
2nd Low | 185.890000000 |
3rd Low | 183.130000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bullish Belt Hold