The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at 89.61 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 94.05 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 128.13 |
| 2nd High | 119.12 |
| Next High | 94.05 |
| Current Price | 91.530000000 |
| Next Low | 89.61 |
| 2nd Low | 84.78 |
| 3rd Low | 82.5 |
94.05 – 91.48 – 88.08 – 89.61 – 84.78 – 82.5 —
91.050000000 – 92.770000000 —
45.095125248548 – 61.750863597309 —
– —
94.05 – 1772652600
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –