The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A descending movement down to the next support line at 176.420000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 182.560000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Inside Down’ candle pattern is found. The candles show ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.520000000 |
| 2nd High | 186.680000000 |
| Next High | 182.560000000 |
| Current Price | 178.630000000 |
| Next Low | 176.420000000 |
| 2nd Low | 176.240000000 |
| 3rd Low | 175.910000000 |
182.560000000 – 186.680000000 – 193.520000000 – 176.420000000 – 178.810000000 – 178.300000000 — 46.990300827396 – 45.730074217109
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Down – Triple top chart pattern –