The pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.
A bearish descent down to the next support line at 188.000000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 210.480000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Southern Doji’ candle pattern is detected. The candles form ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 223.890000000 |
2nd High | 221.740000000 |
Next High | 210.480000000 |
Current Price | 206.540000000 |
Next Low | 188.000000000 |
2nd Low | 185.890000000 |
3rd Low | 183.130000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji