SOL/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance level at 152.840000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

152.840000000 – 152.390000000 – 154.410000000 – 146.840000000 – 141.530000000 – 152.940000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Two Crows