SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 180.670000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 186.680000000 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Tweezers Top’ candle chart pattern is detected. The candles form ‘Tweezers Top’. 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 chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

186.680000000 – 193.520000000 – 195.260000000 – 180.670000000 – 184.900000000 – 184.290000000 — 51.123204922841 – 41.849461877297

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Tweezers Top – Double top chart pattern –