Sell SOL/USDT – 1H – SELL

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

The bearish trend down to the next support at 92.39 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 94.17 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 97.68
2nd High 95.65
Next High 94.17
Current Price 92.970000000
Next Low 92.39
2nd Low 87.6
3rd Low 83.23

94.17 – 90.44 – 90.03 – 92.39 – 87.6 – 87.63 —
93.310000000 – 93.490000000 —
55.002979477213 – 55.363089533897 —
– —
94.17 – 1778299200

Trading Signals:

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