SOL/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 67.5 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 88.99 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

88.99 – 89.2 – 89.84 – 67.5 – 102.18 – 112.14 —
88.760000000 – 87.270000000 —
51.260159434804 – 48.468687300115 —
– —
88.99 – 1770541200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –