Sell SOL/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 102.31 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 119.12 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 130.2
2nd High 128.13
Next High 119.12
Current Price 96.840000000
Next Low 102.31
2nd Low 101.26
3rd Low 95.26

119.12 – 118.14 – 128.13 – 114.34 – 112.14 – 115.39 —
103.650000000 – 100.420000000 —
46.093865840654 – 30.540191652159 —
– —
119.12 – 1769799600

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