Sell SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support line at 236.080000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 240.280000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 253.510000000
2nd High 241.820000000
Next High 240.280000000
Current Price 234.750000000
Next Low 236.080000000
2nd Low 235.120000000
3rd Low 232.230000000

240.280000000 – 241.820000000 – 241.220000000 – 236.080000000 – 237.100000000 – 236.910000000 — 39.884642394875 – 34.106982716667

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