SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

A bearish descent down to the next support level at 176.620000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 182.700000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The currency pair could go down.

There is also a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bearish Engulfing’. which 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 ‘Bearish Engulfing’ going down is 79%.

179.660000000 – 173.490000000 – 169.930000000 – 176.620000000 – 174.210000000 – 167.000000000 — 69.037125479177 – 63.811313693509

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – – –