Sell SOL/USDT – 30M – SELL

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

A descent downwards to the next support at 128.170000000 will persist.

Caution: A possible change in the direction of the resistance level at 134.110000000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Bearish Engulfing’ candlestick pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 139.950000000
2nd High 136.210000000
Next High 134.110000000
Current Price 128.740000000
Next Low 128.170000000
2nd Low 108.210000000
3rd Low 102.310000000

Download SOL/USDT Signal Image

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