Sell SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support level at 185.510000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 195.890000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Southern Doji’ candlestick chart pattern is discovered. The candles form ‘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 success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 209.860000000
2nd High 198.070000000
Next High 195.890000000
Current Price 186.560000000
Next Low 185.510000000
2nd Low 177.530000000
3rd Low 175.690000000

183.420000000 – 185.870000000 – 185.700000000 – 185.510000000 – 177.530000000 – 175.690000000 — 51.378224832851 – 51.185728231766

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