SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support level at 149.580000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 161.820000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 173.460000000 |
| 2nd High | 163.640000000 |
| Next High | 161.820000000 |
| Current Price | 158.040000000 |
| Next Low | 149.580000000 |
| 2nd Low | 147.880000000 |
| 3rd Low | 146.840000000 |
161.820000000 – 156.610000000 – 155.300000000 – 149.580000000 – 147.880000000 – 149.150000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows