SOL/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at is certain.

Caution: A possible change in the direction of the resistance line at 185.870000000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

185.870000000 – 185.700000000 – 195.890000000 – 177.320000000 – 180.000000000 – 189.940000000 — 54.040765646077 – 53.055474703352

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – – –