Sell SOL/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support level at 126.73 will persist.

Caution: A possible counter-trend in the direction of resistance at 130.94 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 135.16
2nd High 132.17
Next High 130.94
Current Price 127.180000000
Next Low 126.73
2nd Low 125.26
3rd Low 124.68

130.94 – 132.17 – 135.16 – 126.73 – 125.26 – 124.68 —
127.380000000 – 127.510000000 —
46.266326600693 – 48.197738056354 —
– —
130.94000 – 1769086800

Trading Signals:

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