SOL/USDT – 30M – SELLAdditionally a ‘Double top chart pattern’ chart layout is discovered. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support at 187.320000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 198.070000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 209.860000000 |
| Next High | 198.070000000 |
| Current Price | 186.360000000 |
| Next Low | 187.320000000 |
| 2nd Low | 186.680000000 |
| 3rd Low | 173.600000000 |
198.070000000 – 209.860000000 – 204.960000000 – 187.320000000 – 186.680000000 – 194.150000000 — 25.755147162135 – 23.557759687151
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Double top chart pattern – –