SOL/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 83.63 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 84.93 could happen.
Consider stop-loss settings accordingly.

There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candle chart pattern is discovered. The candles form ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

84.93 – 85.83 – 88.08 – 83.63 – 86.19 – 85.9 —
84.360000000 – 84.310000000 —
38.209085141396 – 44.281754429284 —
– —
84.93 – 1777336200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –