SOL/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 174.910000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 180.590000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Inside Down’ chart pattern is discovered. The chart forms ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

180.590000000 – 182.560000000 – 186.680000000 – 176.420000000 – 178.810000000 – 178.300000000 — 40.813679451576 – 37.802734855286

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Down – –