SOL/USDT – 30M – SELL

And also a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

The bearish trend downwards to the next support at 242.580000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 253.510000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

253.510000000 – 247.990000000 – 238.090000000 – 245.010000000 – 242.580000000 – 232.230000000 — 37.612695138205 – 35.495947162818

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