The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support line at 81.54 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 86.26 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
In addition a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91.98 |
| 2nd High | 87.02 |
| Next High | 86.26 |
| Current Price | 82.790000000 |
| Next Low | 81.54 |
| 2nd Low | 81.27 |
| 3rd Low | 78.38 |
82.6 – 82.88 – 82.56 – 81.54 – 81.27 – 81.27 —
83.670000000 – 83.610000000 —
73.126196911723 – 61.569121693662 —
– —
82.6 – 1776061800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –