Sell SOL/USDT – 30M – SELL

There is also a ‘Double top chart pattern’ chart layout is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline downwards

A bearish movement downwards to the next support at 173.600000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 183.420000000 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Harami’ chart pattern is detected. The candles form ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 195.890000000
2nd High 185.870000000
Next High 183.420000000
Current Price 176.740000000
Next Low 173.600000000
2nd Low 173.430000000
3rd Low 167.000000000

183.420000000 – 185.870000000 – 185.700000000 – 177.320000000 – 180.000000000 – 189.940000000 — 42.784544305262 – 38.22966489294

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