Sell SOL/USDT – 4H – SELL

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

A bearish trend downwards to the next support line at 157.230000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 195.260000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘RSI cross above 30’ indicator layout is found. The indicator shows ‘RSI cross above 30’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 206.300000000
Next High 195.260000000
Current Price 173.440000000
Next Low 157.230000000
2nd Low 145.220000000
3rd Low 137.140000000

195.260000000 – 206.300000000 – 184.670000000 – 175.910000000 – 157.230000000 – 145.220000000 — 36.758604748304 – 34.128143556928

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals