SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support at 85.12 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 92.98 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Belt Hold’ candlestick pattern is found. The chart forms ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

92.98 – 91.14 – 87.69 – 87.73 – 88.15 – 85.12 —
88.590000000 – 87.450000000 —
48.454561038088 – 33.413440145977 —
– —
92.98 – 1773410400

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – – –