SOL/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at will continue.

Caution: A possible counter-trend in the direction of the resistance level at 88.8 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Three Outside Down’ chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

88.8 – 87.06 – 85.75 – 85.010000000 – 84.91 – 84.83 —
85.840000000 – 86.180000000 —
38.976675487784 – 46.700484902956 —
85.010000000 – 1773180000 —
88.8 – 1773162000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –