SOL/USDT – 30M – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 81.975 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 84.990000000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

84.990000000 – 82.84 – 83.24 – 78.96 – 81.12 – 81.69 —
84.990000000 – 84.240000000 —
68.056865409701 – 55.377872626632 —
84.990000000 – 1774875600 —
– 1774875600

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