The combination Solana/Tether (SOL/USDT) moves from the bullish trendline downwards
A descending movement down to the next support level at 83.23 will persist.
Caution: A possible counter-trend in the direction of resistance at 90.03 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Next a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. 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 | 93.47 |
| 2nd High | 90.73 |
| Next High | 90.03 |
| Current Price | 89.460000000 |
| Next Low | 83.23 |
| 2nd Low | 81.4 |
| 3rd Low | 81.27 |
90.03 – 85.9 – 84.97 – 83.23 – 83.35 – 83.58 —
89.270000000 – 90.440000000 —
50.736904692978 – 66.400852141592 —
– —
90.03 – 1778065200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –