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