SOL/USDT – 4H – SELL

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

A bearish descent down to the next support line at 204.480000000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 224.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish 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’ heading down is 82%.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows