The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support line at 180.670000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 186.680000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 195.260000000 |
| Next High | 186.680000000 |
| Current Price | 181.300000000 |
| Next Low | 180.670000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.800000000 |
186.680000000 – 195.260000000 – 189.780000000 – 180.670000000 – 184.900000000 – 184.290000000 — 40.471238136783 – 39.881976294006
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –