SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 173.240000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 182.560000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 178.3 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 182.560000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

182.560000000 – 186.680000000 – 195.260000000 – 178.300000000 – 180.670000000 – 184.900000000 — 34.280884088261 – 29.41579466858

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