SOL/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 85.8 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Bearish Belt Hold’ chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

85.8 – 86.97 – 87.29 – 83.5 – 83.5 – 85.95 —
85.770000000 – 85.350000000 —
59.291975626257 – 48.221502008373 —
– —
85.8 – 1779107400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – – –