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
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – Triple bottom chart pattern – –