SOL/USDT – 1H – SELL

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

A bearish movement downwards to the next support at is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 85.56 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Three Inside Down’ candle pattern is found. The chart shows ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

85.56 – 88.08 – 86.76 – 82.98 – 83.63 – 85.53 —
83.370000000 – 84.010000000 —
38.017303351802 – 52.027431253963 —
– —
85.56 – 1777453200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Down – – –