The currency pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support at 234.630000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 243.610000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. 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’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 245.300000000 |
2nd High | 244.820000000 |
Next High | 243.610000000 |
Current Price | 237.550000000 |
Next Low | 234.630000000 |
2nd Low | 215.000000000 |
3rd Low | 212.100000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows