SOL/USDT – 1H – SELLThe pair Solana/Tether (SOL/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 215.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 237.750000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Line Strike – Bearish’ candle pattern is discovered. The candles form ‘Three Line Strike – Bearish’. 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 ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 246.770000000 |
| 2nd High | 243.610000000 |
| Next High | 237.750000000 |
| Current Price | 224.290000000 |
| Next Low | 215.000000000 |
| 2nd Low | 212.100000000 |
| 3rd Low | 204.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Line Strike – Bearish