Sell SOL/USDT – 1H – SELL

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline down.

The bearish trend down to the next support at 80.48 is expected.

Caution: A possible change in the direction of the resistance level at 86.09 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 88.51
2nd High 87.69
Next High 86.09
Current Price 80.670000000
Next Low 80.48
2nd Low 76.6
3rd Low 67.5

86.09 – 87.69 – 86.93 – 80.48 – 82.92 – 82.55 —
82.010000000 – 81.890000000 —
36.67570185296 – 38.879775031341 —
– —
86.09 – 1771401600

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