Then a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at is certain.
Caution: A possible change in the direction of the resistance line at 186.800000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Then a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair could go down.
Then a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 206.300000000 |
| 2nd High | 195.260000000 |
| Next High | 186.800000000 |
| Current Price | 176.910000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
186.800000000 – 186.180000000 – 179.660000000 – 177.510000000 – 167.000000000 – 166.700000000 — 38.591113249433 – 35.28277384167
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Double top chart pattern – –