SOL/USDT – 30M – SELL

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

A descending movement down to the next support line at 187.350000000 will continue.

Caution: A possible change in the direction of the resistance zone at 193.870000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 190.685 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 193.870000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

193.870000000 – 189.470000000 – 189.650000000 – 187.350000000 – 185.200000000 – 183.300000000 — 57.741965826963 – 53.544823819215

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –