SOL/USDT – 1H – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.

A bearish movement downwards to the next support level at 230.150000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 248.450000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

248.450000000 – 249.600000000 – 244.140000000 – 230.150000000 – 235.730000000 – 211.690000000 — 39.192543927845 – 37.260434411152

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –