SOL/USDT – 1H – SELL

The currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 161.130000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 171.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Tweezers Top’ candlestick pattern is discovered. The candles form ‘Tweezers Top’. 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 ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

171.730000000 – 182.700000000 – 182.560000000 – 161.130000000 – 164.580000000 – 170.290000000 — 63.575159137028 – 58.078765780498

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Tweezers Top – – –