Sell SOL/USDT – 4H – SELL

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

A descent down to the next support level at 145.220000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 168.200000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. 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 187.710000000
2nd High 179.410000000
Next High 168.200000000
Current Price 163.330000000
Next Low 145.220000000
2nd Low 137.140000000
3rd Low 126.000000000

168.200000000 – 159.990000000 – 154.330000000 – 145.220000000 – 137.140000000 – 126.000000000

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