Sell SOL/USDT – 30M – SELL

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

A bearish descent downwards to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of resistance at 152.840000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 157.970000000
2nd High 154.410000000
Next High 152.840000000
Current Price 150.380000000
Next Low
2nd Low
3rd Low

152.840000000 – 152.390000000 – 154.410000000 – 150.150000000 – 146.840000000 – 141.530000000

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