SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support at 74.1 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 76.86 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bearish Belt Hold’. 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 chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

76.86 – 77.64 – 79.04 – 75.39 – 75.64 – 76.94 —
74.760000000 – 74.840000000 —
38.166043681434 – 44.591554379792 —
– —
76.86 – 1784214000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – – –