The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 81.91 is certain.
Caution: A possible change in the direction of the resistance zone at 89.08 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Southern Doji’ candle chart pattern is detected. The candles show ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.84 |
| 2nd High | 89.2 |
| Next High | 89.08 |
| Current Price | 80.800000000 |
| Next Low | 81.91 |
| 2nd Low | 67.5 |
| 3rd Low |
89.08 – 88.99 – 89.2 – 81.91 – 82.86 – 85.75 —
84.350000000 – 81.990000000 —
49.282843859904 – 32.831407485272 —
– —
89.08 – 1770591600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – – –