Sell SOL/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support at 78.38 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 83.42 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 98.41
2nd High 88
Next High 83.42
Current Price 79.440000000
Next Low 78.38
2nd Low 76.7
3rd Low 75.63

83.42 – 88 – 98.41 – 80 – 83.7 – 83.5 —
82.920000000 – 81.300000000 —
47.969530468034 – 43.020322677257 —
– —
83.42 – 1780185600

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