Besides a ‘Double top chart pattern’ chart formation is discovered. The chart forms ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A descent down to the next support at 176.240000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 186.680000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.260000000 |
| 2nd High | 193.520000000 |
| Next High | 186.680000000 |
| Current Price | 180.080000000 |
| Next Low | 176.240000000 |
| 2nd Low | 175.910000000 |
| 3rd Low | 174.910000000 |
186.680000000 – 193.520000000 – 195.260000000 – 180.670000000 – 184.900000000 – 184.290000000 — 42.20085587326 – 38.273415343797
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double top chart pattern –