SOL/USDT – 1H – SELL

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

A descent downwards to the next support line at 204.480000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 221.990000000 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Download SOL/USDT Signal Image

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