SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support line at 215.000000000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 231.760000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 215 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 231.760000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows