SOL/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 130.900000000 is certain.

Caution: A possible change in the direction of the resistance level at 142.600000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

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

142.600000000 – 147.920000000 – 149.280000000 – 130.900000000 – 139.850000000 – 143.650000000

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