Sell SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at 161.070000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 174.210000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency 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 178.330000000
2nd High 174.490000000
Next High 174.210000000
Current Price 162.080000000
Next Low 161.070000000
2nd Low 144.680000000
3rd Low 141.410000000

Download SOL/USDT Signal Image

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