SOL/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support line at 77.12 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 94.05 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Bearish Belt Hold’ candle pattern is found. The chart forms ‘Bearish Belt Hold’. 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 chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

94.05 – 90.29 – 92.1 – 77.12 – 75.63 – 79.61 —
93.760000000 – 89.310000000 —
60.286183083464 – 51.451240798413 —
– —
94.05 – 1772640000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –