Sell SOL/USDT – 30M – SELL

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

The bearish trend down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 75.65 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 81.65
2nd High 76.09
Next High 75.65
Current Price 73.650000000
Next Low
2nd Low
3rd Low

75.65 – 76.09 – 71.73 – 73.170000000 – 72.29 – 72.77 —
73.660000000 – 74.110000000 —
42.813395612678 – 50.435324263021 —
73.170000000 – 1781658000 —
75.65 – 1781598900

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