SOL/USDT – 1H – SELL

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

A bearish trend downwards to the next support line at 122.35 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 128.13 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

128.13 – 127.84 – 127.51 – 123.12 – 122.35 – 126.73 —
123.380000000 – 118.990000000 —
31.884138093312 – 26.002749238398 —
– —
128.13000 – 1769594400

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