SOL/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 184.900000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 189.760000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 186.50668 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 189.760000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

189.760000000 – 189.780000000 – 186.930000000 – 184.900000000 – 184.290000000 – 176.240000000 — 56.826033988935 – 53.124219579312

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Symmetrical Triangle Chart Pattern –