SOL/USDT – 30M – SELLThe currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A descending movement down to the next support at 210.790000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 218.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle 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 | |
| 2nd High | |
| Next High | 218.000000000 |
| Current Price | 217.520000000 |
| Next Low | 210.790000000 |
| 2nd Low | 201.480000000 |
| 3rd Low | 199.320000000 |
217.110000000 – 205.550000000 – 205.690000000 – 210.790000000 – 201.480000000 – 199.320000000 — 58.01235145156 – 56.444348946656
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Double bottom retreat down – –