SOL/USDT – 1H – SELLThe currency pair Solana/Tether (SOL/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 234.630000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 243.610000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 256.700000000 |
| 2nd High | 246.770000000 |
| Next High | 243.610000000 |
| Current Price | 233.900000000 |
| Next Low | 234.630000000 |
| 2nd Low | 215.000000000 |
| 3rd Low | 212.100000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows