SOL/USDT – 1H – SELL

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

A bearish descent down to the next support line at 95.26 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 128.13 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Three Outside Down’ candlestick pattern is found. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

128.13 – 127.84 – 127.51 – 102.18 – 112.14 – 123.12 —
98.460000000 – 96.730000000 —
38.465301028452 – 38.61812380307 —
– —
128.13 – 1769594400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –