Sell SOL/USDT – 4H – SELL

The combination Solana/Tether (SOL/USDT) moves from the bullish trendline downwards

A descent down to the next support line at 229.600000000 will persist.

Caution: A possible change in the direction of the resistance level at 264.390000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The 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 243.010000000
Next Low 229.600000000
2nd Low 204.480000000
3rd Low 194.860000000

Download SOL/USDT Signal Image

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