The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support level at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 75.65 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
And also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.
And also a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 81.65 |
| 2nd High | 76.09 |
| Next High | 75.65 |
| Current Price | 73.650000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
75.65 – 76.09 – 71.73 – 73.170000000 – 72.29 – 72.77 —
73.660000000 – 74.110000000 —
42.813395612678 – 50.435324263021 —
73.170000000 – 1781658000 —
75.65 – 1781598900
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –