There is also a ‘Double bottom retreat down’ chart pattern is found. The formation shows ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Tweezers Top’ candle chart pattern is detected. The candles form ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 253.510000000 |
| Next High | 239.960000000 |
| Current Price | 239.480000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
239.960000000 – 253.510000000 – 240.950000000 – 236.910000000 – 235.120000000 – 232.230000000 — 54.142575862528 – 50.630322530953
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Tweezers Top – Double bottom retreat down – –