SOL/USDT – 4H – SELLThe currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline down.
A descending movement down to the next support line at 229.600000000 is likely expected.
Caution: A possible change in the direction of resistance at 264.390000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. 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 | |
| 2nd High | |
| Next High | 264.390000000 |
| Current Price | 244.810000000 |
| Next Low | 229.600000000 |
| 2nd Low | 204.480000000 |
| 3rd Low | 194.860000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows