Sell SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support at 108.210000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 115.760000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 121.130000000
2nd High 121.000000000
Next High 115.760000000
Current Price 130.470000000
Next Low 108.210000000
2nd Low 102.310000000
3rd Low 101.260000000

Download SOL/USDT Signal Image

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