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