Sell SOL/USDT – 1H – SELL

The combination Solana/Tether (SOL/USDT) moves from the bullish trendline downwards

A descending movement down to the next support level at 83.23 will persist.

Caution: A possible counter-trend in the direction of resistance at 90.03 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Two Crows’ candle chart pattern is found. The candles form ‘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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 93.47
2nd High 90.73
Next High 90.03
Current Price 89.460000000
Next Low 83.23
2nd Low 81.4
3rd Low 81.27

90.03 – 85.9 – 84.97 – 83.23 – 83.35 – 83.58 —
89.270000000 – 90.440000000 —
50.736904692978 – 66.400852141592 —
– —
90.03 – 1778065200

Trading Signals:

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