SOL/USDT – 1H – SELL

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

A bearish descent downwards to the next support level at 72.25 is certain.

Caution: A possible change in the direction of resistance at 82.78 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

82.78 – 78.96 – 75.8 – 72.25 – 71.9 – 69.74 —
81.990000000 – 81.110000000 —
70.556841708745 – 63.2016149034 —
– —
82.78 – 1782990000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –