SOL/USDT – 30M – SELL

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

A descending movement downwards to the next support at 80.26 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 85.75 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Southern Doji’ candle pattern is existing. The chart forms ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

85.75 – 84.61 – 84.13 – 80.26 – 81.18 – 81.74 —
85.280000000 – 87.060000000 —
63.243908319784 – 62.087300132201 —
– —
85.75 – 1773063000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – – –