SOL/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support line at 126.73 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 130.94 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

130.94 – 132.17 – 135.16 – 126.73 – 125.26 – 124.68 —
127.380000000 – 127.510000000 —
46.266326600693 – 48.197738056354 —
– —
130.94000 – 1769086800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –