Sell SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support level at 211.690000000 will persist.

Caution: A possible trend reversal in the direction of the resistance line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 221.050000000
Next Low 211.690000000
2nd Low 210.790000000
3rd Low 201.480000000

219.790000000 – 217.110000000 – 210.000000000 – 211.690000000 – 210.790000000 – 201.480000000 — 55.3736814552 – 54.664565088686

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