SOL/USDT – 1H – SELLThe currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline down.
A bearish trend down to the next support level at 188.570000000 is expected.
Caution: A possible counter-trend in the direction of resistance at 197.710000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 227.560000000 |
| 2nd High | 201.850000000 |
| Next High | 197.710000000 |
| Current Price | 187.320000000 |
| Next Low | 188.570000000 |
| 2nd Low | 182.740000000 |
| 3rd Low | 176.480000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows