SOL/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 77.12 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 94.05 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

94.05 – 90.29 – 92.1 – 77.12 – 75.63 – 79.61 —
92.220000000 – 84.910000000 —
54.950987408949 – 41.115176914743 —
– —
94.05 – 1772640000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –