SOL/USDT – 30M – SELL

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

A bearish trend down to the next support at 245.010000000 is expected.

Caution: A possible change in the direction of the resistance line at 248.450000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

247.990000000 – 238.090000000 – 240.950000000 – 245.010000000 – 242.580000000 – 232.230000000 — 53.158618132521 – 52.30367083596

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – – –