Sell SOL/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 68.16 will persist.

Caution: A possible change in the direction of the resistance level at 70.41 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 75.65
2nd High 75
Next High 70.41
Current Price 66.520000000
Next Low 68.16
2nd Low 67.92
3rd Low 66.94

70.41 – 75 – 74.99 – 68.16 – 72.31 – 67.92 —
69.790000000 – 69.430000000 —
42.103991687576 – 39.463721942235 —
– —
70.41 – 1782262800

Trading Signals:

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