The currency pair Solana/Tether (SOL/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 192.070000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 183.510000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish SBS White Lines’ chart pattern is found. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 193.070000000 |
2nd High | 193.020000000 |
Next High | 192.070000000 |
Current Price | 185.830000000 |
Next Low | 183.510000000 |
2nd Low | 182.000000000 |
3rd Low | 180.730000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish SBS White Lines