Sell SOL/USDT – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Solana/Tether (SOL/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 168.710000000 is expected.

Caution: A possible change in the direction of resistance at 182.700000000 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 193.520000000
2nd High 186.680000000
Next High 182.700000000
Current Price 169.650000000
Next Low 168.710000000
2nd Low 165.400000000
3rd Low 157.230000000

182.700000000 – 180.590000000 – 182.560000000 – 170.290000000 – 176.420000000 – 178.810000000 — 21.666142743094 – 20.197464175511

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