Sell SOL/USDT – 30M – SELL

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

The bearish trend down to the next support level at 252.690000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 259.780000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 264.000000000
2nd High 263.600000000
Next High 259.780000000
Current Price 249.660000000
Next Low 252.690000000
2nd Low 251.470000000
3rd Low 229.600000000

Download SOL/USDT Signal Image

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