The combination Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support at 171.210000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 187.710000000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 187.710000000 |
| Current Price | 179.390000000 |
| Next Low | 171.210000000 |
| 2nd Low | 168.710000000 |
| 3rd Low | 157.230000000 |
178.190000000 – 176.000000000 – 168.650000000 – 171.210000000 – 168.710000000 – 157.230000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Triple bottom chart pattern