Sell SOL/USDT – 1H – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards

The bearish trend down to the next support at 176.480000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 227.560000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency 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 237.750000000
2nd High 234.690000000
Next High 227.560000000
Current Price 198.130000000
Next Low 176.480000000
2nd Low 155.110000000
3rd Low 153.450000000

Download SOL/USDT Signal Image

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