SOL/USDT – 1H – SELL

And also a ‘Double top chart pattern’ chart layout is existing. The formation shows ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.

The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

A bearish descent downwards to the next support level at 164.580000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 182.700000000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Collapsing Doji Star’ candle chart pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

182.700000000 – 182.560000000 – 186.680000000 – 164.580000000 – 170.290000000 – 178.300000000 — 50.539594425287 – 41.123182527245

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Collapsing Doji Star – Double top chart pattern – –