The pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support at 231.550000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 244.000000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ chart pattern is existing. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 249.600000000 |
| 2nd High | 248.450000000 |
| Next High | 244.000000000 |
| Current Price | 231.390000000 |
| Next Low | 231.550000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
244.000000000 – 248.450000000 – 248.090000000 – 231.550000000 – 239.150000000 – 241.530000000 — 32.624888794575 – 30.462371347975
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –