SOL/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 176.620000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 182.700000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candlestick pattern is detected. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

179.660000000 – 173.490000000 – 169.930000000 – 176.620000000 – 174.210000000 – 167.000000000 — 55.611983952997 – 47.743000460021

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Double top chart pattern – –