SOL/USDT – 1H – SELL
The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
A descent downwards to the next support line at 204.480000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 221.990000000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The 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 | 224.000000000 |
2nd High | 222.800000000 |
Next High | 221.990000000 |
Current Price | 215.030000000 |
Next Low | 204.480000000 |
2nd Low | 199.730000000 |
3rd Low | 194.860000000 |
Download SOL/USDT Signal Image
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows