SOL/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 83.58 is certain.

Caution: A possible counter-trend in the direction of resistance at 84.97 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 83.875 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 84.97 could occur.
Consider stop-loss settings accordingly.

84.45 – 84.97 – 84.17 – 83.58 – 83.52 – 83.33 —
84.340000000 – 84.860000000 —
60.386991972077 – 65.674827896489 —
– —
84.45 – 1777818600

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