The pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support at 251.470000000 is expected.
Caution: A possible change in the direction of the resistance line at 264.390000000 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘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’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 264.390000000 |
Current Price | 257.980000000 |
Next Low | 251.470000000 |
2nd Low | 229.600000000 |
3rd Low | 212.100000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows