SOL/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 69.74 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 73.33 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Collapsing Doji Star’ candlestick pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

73.33 – 72.41 – 73.19 – 69.74 – 70.14 – 70.25 —
73.200000000 – 73.970000000 —
52.223440523288 – 60.417810977278 —
– —
73.33 – 1782702000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Collapsing Doji Star – – –