Sell SOL/USDT – 4H – SELL

The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support level at 204.480000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 224.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. 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
2nd High
Next High 224.000000000
Current Price 233.480000000
Next Low 204.480000000
2nd Low 194.860000000
3rd Low 155.110000000

Download SOL/USDT Signal Image

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