SOL/USDT – 1H – SELL

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

The bearish trend downwards to the next support level at 216.220000000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 227.560000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this 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’ heading down is 82%.

Download SOL/USDT Signal Image

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