The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support level at 201.610000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 210.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 218.000000000 |
| 2nd High | 213.020000000 |
| Next High | 210.000000000 |
| Current Price | 202.170000000 |
| Next Low | 201.610000000 |
| 2nd Low | 200.950000000 |
| 3rd Low | 197.370000000 |
210.000000000 – 213.020000000 – 211.970000000 – 201.610000000 – 200.950000000 – 197.370000000 — 42.703437312868 – 42.281682018836
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –