The currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 184.900000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 189.760000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 186.50668 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 189.760000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 191.760000000 |
| 2nd High | 189.780000000 |
| Next High | 189.760000000 |
| Current Price | 189.240000000 |
| Next Low | 184.900000000 |
| 2nd Low | 184.290000000 |
| 3rd Low | 176.240000000 |
189.760000000 – 189.780000000 – 186.930000000 – 184.900000000 – 184.290000000 – 176.240000000 — 57.33584811701 – 55.12373928997
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom retreat down –