SOL/USDT – 1H – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 82.9778 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 88.8 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

88.8 – 87.06 – 84.13 – 84.36 – 84.91 – 80.26 —
87.840000000 – 86.780000000 —
58.376805121873 – 51.987077453871 —
– —
88.8 – 1773162000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –