SOL/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support level at 77.12 will persist.

Caution: A possible change in the direction of the resistance line at 94.05 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Bearish Belt Hold’ candlestick pattern is found. The candles form ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

94.05 – 90.29 – 92.1 – 77.12 – 75.63 – 79.61 —
93.760000000 – 89.310000000 —
60.286183083464 – 51.451240798413 —
– —
94.05 – 1772640000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –