Sell SOL/USDT – 30M – SELL

And also a ‘Double top chart pattern’ chart pattern is found. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support line at 178.520000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 186.800000000 is also possible.
Consider stop-loss settings accordingly.

And also a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.

And also a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Bearish Belt Hold’ candlestick pattern is detected. The candles form ‘Bearish Belt Hold’. which 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 ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 195.260000000
2nd High 193.520000000
Next High 186.800000000
Current Price 177.580000000
Next Low 178.520000000
2nd Low 177.510000000
3rd Low 176.620000000

186.800000000 – 186.180000000 – 183.350000000 – 178.520000000 – 177.510000000 – 179.720000000 — 28.912219087371 – 25.326046011018

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