SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.

A descent down to the next support at 85.9 is certain.

Caution: A possible trend reversal in the direction of resistance at 86.8 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Last Engulfing Bottom:’ candlestick pattern is discovered. The candles form ‘Last Engulfing Bottom:’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

86.76 – 86.8 – 86.94 – 85.9 – 85.84 – 85.53 —
86.590000000 – 87.200000000 —
57.657886037772 – 63.076835679855 —
– —
86.76 – 1777192200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Last Engulfing Bottom: – – –