Sell SOL/USDT – 30M – SELL

The currency pair goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 209.470000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 224.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 211.865 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 224.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 224.000000000
Current Price 215.910000000
Next Low 209.470000000
2nd Low 204.160000000
3rd Low 199.730000000

Download SOL/USDT Signal Image

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