Sell SOL/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 84.36 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 88.8 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 94.05
2nd High 92.96
Next High 88.8
Current Price 86.580000000
Next Low 84.36
2nd Low 80.26
3rd Low 77.12

88.8 – 87.06 – 84.13 – 84.36 – 84.91 – 80.26 —
87.200000000 – 87.610000000 —
55.23390776403 – 58.565423354159 —
– —
88.8 – 1773162000

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