SOL/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 126.73 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 129.76 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

129.76 – 130.94 – 132.17 – 126.73 – 125.26 – 124.68 —
128.980000000 – 128.750000000 —
48.422861846378 – 49.82308314287 —
– —
129.76000 – 1769112000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Double top chart pattern – –