SOL/USDT – 1H – SELL

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

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

Caution: A possible change in the direction of the resistance zone at 89.2 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Three Inside Down’ candlestick pattern is detected. The candles show ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

89.2 – 89.84 – 128.13 – 67.5 – 102.18 – 112.14 —
88.000000000 – 88.830000000 —
54.267549407581 – 58.774149551562 —
– —
89.2 – 1770494400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Down – – –