SOL/USDT – 30M – SELL

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

A descent downwards to the next support line at 128.080000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 134.790000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Download SOL/USDT Signal Image

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down