SOL/USDT – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart layout is found. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A descent downwards to the next support at 165.400000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 182.700000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Falling Window’ chart pattern is detected. The chart forms ‘Falling Window’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

182.700000000 – 180.590000000 – 182.560000000 – 170.290000000 – 176.420000000 – 178.810000000 — 39.199692685072 – 26.722854761252

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Falling Window – Double top chart pattern –