SOL/USDT – 4H – SELL

Besides a ‘Double bottom retreat down’ chart layout is existing. The chart forms ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.

The combination Solana/Tether (SOL/USDT) goes from the bullish trendline down.

A bearish descent downwards to the next support line at 161.130000000 is expected.

Caution: A possible trend reversal in the direction of resistance at 182.700000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair could go down.

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

Besides a ‘Three Inside Down’ chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

182.700000000 – 195.260000000 – 206.300000000 – 161.130000000 – 175.910000000 – 157.230000000 — 57.398319388664 – 54.079799231465

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Inside Down – Double bottom retreat down – –