SOL/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 81.33 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 83.12 could occur.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Then a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. this 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

83.12 – 83.42 – 83.1 – 81.33 – 82.45 – 80.35 —
82.460000000 – 82.960000000 —
55.634593912677 – 58.474466926764 —
– —
83.12 – 1780232400

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