Sell SOL/USDT – 30M – SELL

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

A bearish descent down to the next support at 80.26 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 87.06 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 89.85
2nd High 88.92
Next High 87.06
Current Price 85.550000000
Next Low 80.26
2nd Low 77.12
3rd Low 75.63

87.06 – 85.75 – 84.61 – 80.26 – 81.18 – 81.74 —
86.020000000 – 86.910000000 —
51.56944100621 – 63.214856264614 —
– —
87.06 – 1773084600

Trading Signals:

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