SOL/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at is considered certain.

Caution: A possible counter-trend 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.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Last Engulfing Bottom:’ candle pattern is found. The chart shows ‘Last Engulfing Bottom:’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

128.13 – 127.84 – 127.51 – 102.18 – 112.14 – 123.12 —
81.630000000 – 81.600000000 —
16.722357444429 – 36.500430719286 —
– —
128.13 – 1769594400

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