Sell SOL/USDT – 1H – SELL

The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards

A bearish descent downwards to the next support level at 173.430000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 195.260000000 could occur.
Consider stop-loss settings accordingly.

Then a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 206.300000000
Next High 195.260000000
Current Price 201.270000000
Next Low 173.430000000
2nd Low 167.000000000
3rd Low 166.700000000

186.800000000 – 186.180000000 – 179.660000000 – 173.430000000 – 177.510000000 – 167.000000000 — 75.799587805102 – 74.862072452571

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