SOL/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 82.25 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 83.730000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

83.730000000 – 83.14 – 91.98 – 82.25 – 81.86 – 85.45 —
83.730000000 – 83.050000000 —
60.584913553718 – 47.20467108088 —
83.730000000 – 1774684800 —
– 1774684800

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