SOL/USDT – 4H – SELLThe pair Solana/Tether (SOL/USDT) moves from the bullish trendline downwards
A descent down to the next support level at 204.480000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 224.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The 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 | |
| 2nd High | |
| Next High | 224.000000000 |
| Current Price | 214.420000000 |
| Next Low | 204.480000000 |
| 2nd Low | 194.860000000 |
| 3rd Low | 155.110000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows