The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at 194.190000000 is expected.
Caution: A possible change in the direction of resistance at 213.020000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The 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 | |
| 2nd High | 218.000000000 |
| Next High | 213.020000000 |
| Current Price | 200.040000000 |
| Next Low | 194.190000000 |
| 2nd Low | 185.330000000 |
| 3rd Low | 177.270000000 |
213.020000000 – 218.000000000 – 213.600000000 – 194.190000000 – 185.330000000 – 177.270000000 — 42.660202485463 – 40.302649192312
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –