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