SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support line at 177.270000000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 211.990000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

211.990000000 – 208.620000000 – 190.100000000 – 177.270000000 – 179.430000000 – 177.530000000 — 48.507643955559 – 44.898064276745

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –