SOL/USDT – 1H – SELL

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

A bearish descent downwards to the next support at 123.12 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 128.13 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 122.35 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 128.13 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

128.13 – 127.84 – 127.51 – 123.12 – 122.35 – 126.73 —
126.550000000 – 125.240000000 —
46.440637728309 – 33.830233551786 —
– —
128.13000 – 1769594400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Double top chart pattern – –