SOL/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 126.73 is expected.

Caution: A possible change in the direction of the resistance level at 130.94 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

130.94 – 132.17 – 135.16 – 126.73 – 125.26 – 124.68 —
127.380000000 – 127.510000000 —
46.266326600693 – 48.197738056354 —
– —
130.94000 – 1769086800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – – –