SOL/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 82.78 is likely expected.

Caution: A possible change in the direction of the resistance level at 84.38 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish chart scenario. 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’ going down is 69% (Bull Market) & 70% (Bear Market).

84.38 – 83.83 – 84.01 – 82.78 – 82.69 – 82.16 —
84.230000000 – 84.200000000 —
63.008467756251 – 63.238060431371 —
– —
84.38 – 1777604400

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