SOL/USDT – 1H – SELL

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

The bearish trend downwards to the next support level at 234.260000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 248.440000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows