SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the ascending trendline downwards

A bearish trend downwards to the next support line at 174.910000000 will persist.

Caution: A possible change in the direction of the resistance level at 182.020000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

177.880000000 – 177.770000000 – 182.020000000 – 174.910000000 – 174.800000000 – 175.410000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Two Crows – Double bottom retreat down