SOL/USDT – 1H – SELL

The pair Solana/Tether (SOL/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 230.370000000 is certain.

Caution: A possible change in the direction of the resistance level at 247.500000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 226.46 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 247.500000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. 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%.

Download SOL/USDT Signal Image

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