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