SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 95.26 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 128.13 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

128.13 – 127.84 – 127.51 – 102.18 – 112.14 – 123.12 —
98.460000000 – 96.730000000 —
38.465301028452 – 38.61812380307 —
– —
128.13 – 1769594400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Double top chart pattern – –