SOL/USDT – 30M – SELLFurthermore a ‘Double top chart pattern’ chart pattern is found. The chart picture forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at 193.780000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 207.060000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Harami’ candle pattern is existing. The chart shows ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 218.000000000 |
| 2nd High | 214.940000000 |
| Next High | 207.060000000 |
| Current Price | 199.670000000 |
| Next Low | 193.780000000 |
| 2nd Low | 186.670000000 |
| 3rd Low | 185.330000000 |
207.060000000 – 214.940000000 – 218.000000000 – 199.850000000 – 205.340000000 – 207.170000000 — 37.251763821664 – 36.17439967105
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami – Double top chart pattern – –