SOL/USDT – 1H – SELL

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

A bearish trend downwards to the next support at 167.000000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 179.660000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Bearish Belt Hold’ candle pattern is existing. The chart forms ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 64.367658589969 – 59.128781995906

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – Double bottom retreat down – –