SOL/USDT – 1H – SELL

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

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

Caution: A possible change in the direction of the resistance line at 128.13 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. 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 chance of ‘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 – – –