The currency pair Solana/Tether (SOL/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 68.16 will persist.
Caution: A possible change in the direction of the resistance level at 70.41 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.65 |
| 2nd High | 75 |
| Next High | 70.41 |
| Current Price | 66.520000000 |
| Next Low | 68.16 |
| 2nd Low | 67.92 |
| 3rd Low | 66.94 |
70.41 – 75 – 74.99 – 68.16 – 72.31 – 67.92 —
69.790000000 – 69.430000000 —
42.103991687576 – 39.463721942235 —
– —
70.41 – 1782262800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –