SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support at is certain.

Caution: A possible change in the direction of the resistance zone at 87.69 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 85.31016 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 87.69 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

87.69 – 88.09 – 86.88 – 84.72 – 84.36 – 85.01 —
87.660000000 – 86.990000000 —
51.707098215363 – 52.722002819283 —
– —
87.69 – 1773322200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –