SOL/USDT – 1H – SELL

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

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

A bearish descent down to the next support at 184.900000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 195.260000000 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair could go up.

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

195.260000000 – 189.780000000 – 191.760000000 – 184.900000000 – 184.290000000 – 175.910000000 — 34.521055370116 – 31.698745216393

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