SOL/USDT – 30M – SELL

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

A bearish descent down to the next support level at 76.7 will continue.

Caution: A possible trend reversal in the direction of resistance at 79.79 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

79.79 – 79.88 – 79.67 – 76.7 – 78.3 – 82.4 —
79.530000000 – 80.160000000 —
48.816552285477 – 63.581290402561 —
– —
79.79 – 1775179800

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – – –