SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 62.34 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 67.42 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Last Engulfing Top’ candle chart pattern is found. The candles form ‘Last Engulfing Top’. 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 chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

67.42 – 65.77 – 68.17 – 62.34 – 62.95 – 63.54 —
66.870000000 – 67.050000000 —
60.278778819998 – 58.23272068142 —
– —
67.42 – 1781204400

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