SOL/USDT – 1H – SELL

The pair Solana/Tether (SOL/USDT) moves from the bullish trendline down.

A bearish descent down to the next support line at 124.68 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 135.16 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.

There is also a ‘Last Engulfing Top’ candle chart pattern is discovered. The chart forms ‘Last Engulfing Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

135.16 – 224.46 – 229.72 – 124.68 – 130 – 143.21 —
127.800000000 – 127.780000000 —
35.131491554799 – 42.01513777021 —
– —
135.16000 – 1768852800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Last Engulfing Top – – –