SOL/USDT – 4H – SELL

The pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

The bearish trend down to the next support at 175.910000000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 206.300000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

Next a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

206.300000000 – 184.670000000 – 168.650000000 – 175.910000000 – 157.230000000 – 145.220000000 — 42.743681007601 – 38.364403676855

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern –