SOL/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 85.91 is expected.

Caution: A possible change in the direction of the resistance line at 89.84 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

89.84 – 119.12 – 118.14 – 85.91 – 67.5 – 96.46 —
88.670000000 – 89.190000000 —
57.515153836659 – 62.52432316335 —
– —
89.84 – 1770417000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Double top retreat up – –