Sell SOL/USDT – 30M – SELL

Then a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.

The pair Solana/Tether (SOL/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support at 137.14 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 146 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.

Then a ‘Bearish Harami’ chart pattern is existing. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. 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 224.46
2nd High 148.44
Next High 146
Current Price 143.050000000
Next Low 137.14
2nd Low 130.68
3rd Low 126

146 – 148.44 – 224.46 – 143.21 – 143.37 – 143.92 — 40.416049103238 – 37.938048202718 — 12.800986982047 – 22.092231770612 – 25.588543073915 – 18.573426011822

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