SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 166.700000000 will continue.
Caution: A possible change in the direction of resistance at 174.210000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 178.330000000 |
| 2nd High | 174.490000000 |
| Next High | 174.210000000 |
| Current Price | 166.110000000 |
| Next Low | 166.700000000 |
| 2nd Low | 166.180000000 |
| 3rd Low | 161.070000000 |