SOL/USDT – 30M – SELLAnd also a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
A descent down to the next support level at 157.230000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 171.730000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Tweezers Top’ candlestick pattern is found. The candles form ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 186.680000000 |
| 2nd High | 182.700000000 |
| Next High | 171.730000000 |
| Current Price | 164.100000000 |
| Next Low | 157.230000000 |
| 2nd Low | 147.700000000 |
| 3rd Low | 145.220000000 |
171.730000000 – 170.350000000 – 182.700000000 – 164.580000000 – 166.190000000 – 167.420000000 — 39.957575840106 – 37.349289799855
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Tweezers Top – Double top chart pattern – –