SOL/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at is considered certain.

Caution: A possible change in the direction of the resistance zone at 168.650000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.

168.650000000 – 164.190000000 – 168.200000000 – 159.630000000 – 157.740000000 – 159.540000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Double top chart pattern