SOL/USDT – 4H – SELL

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

A descent downwards to the next support level at 175.910000000 will persist.

Caution: A possible trend reversal in the direction of resistance at 195.260000000 could occur.
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’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

195.260000000 – 206.300000000 – 184.670000000 – 175.910000000 – 157.230000000 – 145.220000000 — 32.283131437248 – 31.040168502097

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