Sell SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support line at 216.220000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 227.560000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 237.750000000
2nd High 234.690000000
Next High 227.560000000
Current Price 218.480000000
Next Low 216.220000000
2nd Low 215.680000000
3rd Low 203.210000000

Download SOL/USDT Signal Image

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