SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 167.350000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 174.950000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Southern Doji’ candlestick pattern is existing. The chart forms ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.880000000 |
| 2nd High | 178.330000000 |
| Next High | 174.950000000 |
| Current Price | 169.680000000 |
| Next Low | 167.350000000 |
| 2nd Low | 164.510000000 |
| 3rd Low | 160.160000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji