SOL/USDT – 1H – SELL

The currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support at 79.11 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 81.65 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

81.65 – 83.1 – 83.42 – 79.11 – 81.33 – 80.35 —
79.820000000 – 79.220000000 —
37.520479843978 – 35.147553639608 —
– —
81.65 – 1780354800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –