Sell SOL/USDT – 30M – SELL

Moreover a ‘Double top chart pattern’ chart pattern is discovered. The formation shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to go down.

The pair Solana/Tether (SOL/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support at 176.940000000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 191.760000000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 206.300000000
2nd High 191.870000000
Next High 191.760000000
Current Price 177.750000000
Next Low 176.940000000
2nd Low 174.910000000
3rd Low 174.800000000

191.760000000 – 191.870000000 – 206.300000000 – 179.210000000 – 183.970000000 – 198.390000000 — 30.71844320803 – 25.712816246641

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