SOL/USDT – 30M – SELL

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

A descending movement down to the next support at 230.370000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 242.540000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles form ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ going down is 79%.

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing