SOL/USDT – 30M – SELL

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

A bearish trend down to the next support at 176.240000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 186.680000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Southern Doji’ candle chart pattern is existing. The chart shows ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

186.680000000 – 193.520000000 – 195.260000000 – 180.670000000 – 184.900000000 – 184.290000000 — 33.666094827544 – 33.158327161696

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Southern Doji – Double top chart pattern –