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
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing