The combination Solana/Tether (SOL/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support level at 95.26 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 237.22 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 253.51 |
| Next High | 237.22 |
| Current Price | 116.840000000 |
| Next Low | 95.26 |
| 2nd Low | |
| 3rd Low |
237.22 – 237 – 253.51 – 122.35 – 124.68 – 224.31 —
127.540000000 – 123.930000000 —
50.855934204285 – 35.117847287076 —
– —
237.22000 – 1759651200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –