SOL/USDT – 30M – SELL

Moreover a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at 177.800000000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 191.870000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish 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 ‘Three Black Crows’ heading down is 82%.

191.870000000 – 206.300000000 – 204.990000000 – 183.970000000 – 198.390000000 – 194.050000000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Double top chart pattern –