SOL/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support at 179.720000000 is expected.

Caution: A possible change in the direction of the resistance level at 186.180000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

186.180000000 – 183.350000000 – 179.660000000 – 179.720000000 – 178.920000000 – 176.620000000 — 44.765475957748 – 41.405613329509

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – Double top chart pattern – –