Sell SOL/USDT – 1H – SELL

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

A bearish descent down to the next support at 251.470000000 is expected.

Caution: A possible change in the direction of the resistance line at 264.390000000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 264.390000000
Current Price 257.980000000
Next Low 251.470000000
2nd Low 229.600000000
3rd Low 212.100000000

Download SOL/USDT Signal Image

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