SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support at 170.290000000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 182.700000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI cross above 30’ indicator layout is found. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

182.700000000 – 182.560000000 – 186.680000000 – 170.290000000 – 178.300000000 – 180.670000000 — 28.257989299133 – 27.879637092714

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – Triple top chart pattern –