SOL/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 80 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 83.01 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Southern Doji’ chart pattern is discovered. The candles form ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

83.01 – 84.84 – 86.13 – 80 – 82.86 – 83.15 —
81.940000000 – 82.210000000 —
48.748780907073 – 45.522821146639 —
– —
83.01 – 1779991200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – – –