Sell SOL/USDT – 1H – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.

A descent down to the next support at 180.670000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 186.680000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 206.300000000
2nd High 195.260000000
Next High 186.680000000
Current Price 180.960000000
Next Low 180.670000000
2nd Low 175.910000000
3rd Low 174.800000000

186.680000000 – 195.260000000 – 189.780000000 – 180.670000000 – 184.900000000 – 184.290000000 — 39.247413306382 – 38.74897184832

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