SOL/USDT – 30M – SELL

The currency pair Solana/Tether (SOL/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 182.020000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

182.020000000 – 184.670000000 – 178.190000000 – 173.240000000 – 171.210000000 – 168.710000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern