SOL/USDT – 30M – SELL

And also a ‘Double bottom retreat down’ chart formation is found. The chart picture forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to fall.

The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

A descent down to the next support line at 179.720000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 183.350000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

183.350000000 – 179.660000000 – 173.490000000 – 179.720000000 – 178.920000000 – 176.620000000 — 60.77424371239 – 49.018656114615

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Double bottom retreat down – –