SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support line at is certain.

Caution: A possible change in the direction of resistance at 130.2 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

130.2 – 129.29 – 129.76 – 125.28 – 126.73 – 125.26 — 50.910620992548 – 47.212605892306 — 53.746830505169 – 36.887068461088 – 57.907371765423 – 49.205790502015

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