Sell SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) moves from the ascending trendline downwards

A bearish trend downwards to the next support line at 234.630000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 243.200000000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 245.300000000
2nd High 244.820000000
Next High 243.200000000
Current Price 238.670000000
Next Low 234.630000000
2nd Low 215.000000000
3rd Low 212.100000000

Download SOL/USDT Signal Image

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