Sell SOL/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at will persist.

Caution: A possible change in the direction of the resistance zone at 90.81 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 95.65
2nd High 91.41
Next High 90.81
Current Price 89.560000000
Next Low
2nd Low
3rd Low

90.81 – 90.45 – 91.41 – 88.13 – 87 – 88.55 —
90.130000000 – 89.940000000 —
54.884842714511 – 50.330935687017 —
– —
90.81 – 1774065600

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