The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support at 177.800000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 199.360000000 |
| Next Low | 177.800000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
184.670000000 – 178.190000000 – 176.000000000 – 177.800000000 – 174.800000000 – 173.240000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern