SOL/USDT – 30M – SELL

Besides a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descent downwards to the next support line at 164.580000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 170.350000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

170.350000000 – 182.700000000 – 180.590000000 – 164.580000000 – 166.190000000 – 167.420000000 — 38.573930393073 – 38.359880896398

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Matching Low – Double top chart pattern – –