The pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support level at 177.800000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 204.670000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 204.670000000 |
| Current Price | 201.980000000 |
| Next Low | 177.800000000 |
| 2nd Low | 174.800000000 |
| 3rd Low | 173.240000000 |
204.670000000 – 184.670000000 – 178.190000000 – 177.800000000 – 174.800000000 – 173.240000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Double bottom chart pattern