Sell SOL/USDT – 30M – SELL

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

A descending movement down to the next support line at 176.420000000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 182.560000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Inside Down’ candle pattern is found. The candles show ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 193.520000000
2nd High 186.680000000
Next High 182.560000000
Current Price 178.630000000
Next Low 176.420000000
2nd Low 176.240000000
3rd Low 175.910000000

182.560000000 – 186.680000000 – 193.520000000 – 176.420000000 – 178.810000000 – 178.300000000 — 46.990300827396 – 45.730074217109

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