SOL/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 85.53 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 86.8 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also 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 signal. The currency pair could go down.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

There is also a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

86.8 – 86.94 – 86.79 – 85.53 – 86.03 – 84.92 —
86.130000000 – 86.700000000 —
46.299144919834 – 62.277770708247 —
– —
86.8 – 1777105800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –