The currency pair Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 72.28 is certain.
Caution: A possible change in the direction of the resistance zone at 81.65 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. 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 | 83.42 |
| 2nd High | 83.1 |
| Next High | 81.65 |
| Current Price | 73.010000000 |
| Next Low | 72.28 |
| 2nd Low | 67.5 |
| 3rd Low |
81.65 – 83.1 – 83.42 – 72.28 – 79.11 – 81.33 —
75.400000000 – 74.610000000 —
43.024202467953 – 39.093242332502 —
– —
81.65 – 1780354800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –