SOL/USDT – 4H – SELL

The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support line at 177.270000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 209.860000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Engulfing’ candlestick pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

195.890000000 – 209.860000000 – 182.700000000 – 177.270000000 – 175.690000000 – 183.300000000 — 67.927912171418 – 56.806457553348

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – Triple bottom chart pattern – –