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