Sell SOL/USDT – 1H – SELL

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

A bearish descent down to the next support line at 84.72 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 91.14 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 94.05
2nd High 92.96
Next High 91.14
Current Price 89.490000000
Next Low 84.72
2nd Low 84.36
3rd Low 80.26

91.14 – 87.69 – 88.09 – 84.72 – 84.36 – 84.91 —
89.220000000 – 92.310000000 —
55.08550125956 – 71.094892084191 —
– —
91.14 – 1773360000

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