SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support at 83.23 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 88.08 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ” indicator layout is discovered. The indicator is ”. this is usually a bearish chart scenario. The pair is likely to go down.

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Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Last Engulfing Top’ candlestick chart pattern is detected. The chart shows ‘Last Engulfing Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

85.9 – 84.97 – 84.86 – 83.23 – 83.35 – 83.58 —
86.560000000 – 86.930000000 —
71.87689274961 – 70.369012967736 —
– —
85.9 – 1777867200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Last Engulfing Top – – –