Sell SOL/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 67.5 is certain.

Caution: A possible change in the direction of the resistance line at 89.84 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Bearish Engulfing’ chart pattern is detected. The candles form ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 128.13
2nd High 119.12
Next High 89.84
Current Price 87.730000000
Next Low 67.5
2nd Low
3rd Low

89.84 – 119.12 – 118.14 – 67.5 – 96.46 – 96.64 —
87.470000000 – 88.340000000 —
52.735090547575 – 60.947140309931 —
– —
89.84 – 1770417000

Trading Signals:

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