SOL/USDT – 30M – SELL

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

A descent downwards to the next support at 145.610000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 149.280000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Bearish Engulfing’ candlestick pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

149.280000000 – 154.330000000 – 148.940000000 – 145.610000000 – 141.970000000 – 142.580000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Bearish Engulfing