SOL/USDT – 4H – SELL

The pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 77.12 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 94.05 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Bearish Belt Hold’ candlestick pattern is detected. The chart shows ‘Bearish Belt Hold’. 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 probability 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 – –