SOL/USDT – 4H – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

A descent downwards 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.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Download SOL/USDT Signal Image

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