Sell SOL/USDT – 30M – SELL

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

A bearish trend downwards to the next support line at 200.580000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 208.620000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Southern Doji’ candle chart pattern is found. The candles show ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 209.860000000
Next High 208.620000000
Current Price 203.030000000
Next Low 200.580000000
2nd Low 196.770000000
3rd Low 177.270000000

208.620000000 – 202.400000000 – 185.100000000 – 200.580000000 – 196.770000000 – 177.270000000 — 52.043443426535 – 51.644705597233

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