SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline down.

A bearish trend down to the next support line at 183.970000000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 206.300000000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

206.300000000 – 204.990000000 – 204.670000000 – 183.970000000 – 198.390000000 – 194.050000000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – –