SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 88.5 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 90.45 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

90.45 – 89.8 – 90.48 – 88.5 – 87 – 88.63 —
89.380000000 – 89.000000000 —
51.537862623795 – 47.150794099649 —
– —
90.45 – 1773993600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –