SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) moves from the ascending trendline down.

A descending movement down to the next support level at 253.340000000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 264.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Line Strike – Bearish’ candlestick chart pattern is existing. The chart forms ‘Three Line Strike – Bearish’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Line Strike – Bearish