Sell SOL/USDT – 1H – SELL

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

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