Sell SOL/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 81.330000000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 83.42 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 86.13
2nd High 84.84
Next High 83.42
Current Price 82.040000000
Next Low 81.330000000
2nd Low 80.35
3rd Low 80

83.42 – 83.24 – 83.01 – 81.330000000 – 80.35 – 80 —
81.800000000 – 82.900000000 —
31.743055535875 – 53.609996931105 —
81.330000000 – 1780254000 —
83.42 – 1780192800

Trading Signals:

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