SOL/USDT – 1H – SELLThe pair Solana/Tether (SOL/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support at 72.25 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 82.78 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. this 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’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 83.42 |
| 2nd High | 83.1 |
| Next High | 82.78 |
| Current Price | 80.730000000 |
| Next Low | 72.25 |
| 2nd Low | 71.9 |
| 3rd Low | 69.74 |
82.78 – 78.96 – 75.8 – 72.25 – 71.9 – 69.74 —
81.260000000 – 81.690000000 —
63.995238563836 – 65.291143543986 —
– —
82.78 – 1782990000
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –