SOL/USDT – 1H – SELL

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

A descending movement down to the next support line at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 189.780000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

There is also a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

189.780000000 – 191.760000000 – 191.870000000 – 175.910000000 – 179.210000000 – 177.800000000 — 46.968725456512 – 46.104382234074

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –