SOL/USDT – 1H – SELL

The currency pair Solana/Tether (SOL/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 126.73 will continue.

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

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

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading 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 – – –