SOL/USDT – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart formation is discovered. The chart shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.

The combination Solana/Tether (SOL/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support at is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 163.900000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

163.900000000 – 168.200000000 – 166.800000000 – 159.540000000 – 161.270000000 – 163.140000000

Trading Signals: FOREX – SOL – SOL/USDT – USDT – Three Black Crows – Double top chart pattern