Sell SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 92.39 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 93.650000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ candlestick pattern is existing. 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 94.17
Next High 93.650000000
Current Price 93.330000000
Next Low 92.39
2nd Low 91.73
3rd Low 87.6

93.650000000 – 94.17 – 92.8 – 92.39 – 91.73 – 87.6 —
93.650000000 – 93.560000000 —
58.866351471511 – 56.28696302352 —
93.650000000 – 1778349600 —
– 1778349600

Trading Signals:

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