SOL/USDT – 1H – SELL

The pair Solana/Tether (SOL/USDT) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support at 164.580000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 171.730000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

171.730000000 – 182.700000000 – 182.560000000 – 164.580000000 – 170.290000000 – 178.300000000 — 42.529088270323 – 41.782200974771

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –