The currency pair Solana/Tether (SOL/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at will persist.
Caution: A possible change in the direction of the resistance zone at 90.81 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.65 |
| 2nd High | 91.41 |
| Next High | 90.81 |
| Current Price | 89.560000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
90.81 – 90.45 – 91.41 – 88.13 – 87 – 88.55 —
90.130000000 – 89.940000000 —
54.884842714511 – 50.330935687017 —
– —
90.81 – 1774065600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –