SOL/USDT – 30M – SELL

In addition a ‘Double bottom retreat down’ chart formation is discovered. The formation shows ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 179.720000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 183.350000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Two Crows’ chart pattern is detected. The candles form ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going 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 – –