SOL/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at 84.72 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 87.690000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

87.690000000 – 88.09 – 88.8 – 84.72 – 84.36 – 84.91 —
87.690000000 – 86.960000000 —
54.873185454644 – 51.142534372329 —
87.690000000 – 1773320400 —
– 1773320400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – – –