SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) moves from the bullish trendline downwards

A descending movement downwards to the next support line at 184.900000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 193.520000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

193.520000000 – 195.260000000 – 189.760000000 – 184.900000000 – 184.290000000 – 176.240000000 — 32.963193339295 – 29.475504382973

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –