Sell SOL/USDT – 30M – SELL

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

A bearish descent down to the next support level at 235.120000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 241.820000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency 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
2nd High 253.510000000
Next High 241.820000000
Current Price 236.680000000
Next Low 235.120000000
2nd Low 232.230000000
3rd Low 231.260000000

241.820000000 – 241.220000000 – 239.780000000 – 237.100000000 – 236.910000000 – 235.120000000 — 33.759853297357 – 31.751801659441

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