SOL/USDT – 30M – SELL

The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support level at 85 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 86.38 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Last Engulfing Bottom:’ candlestick chart pattern is detected. The candles show ‘Last Engulfing Bottom:’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

86.38 – 86.22 – 85.76 – 85 – 84.42 – 82.94 —
85.850000000 – 85.770000000 —
52.860906039936 – 38.738265619837 —
– —
86.38 – 1776760200

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Last Engulfing Bottom: – – –