SOL/USDT – 4H – SELL

And also a ‘Double bottom retreat down’ chart layout is detected. The chart shows ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support line at 161.130000000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 182.700000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Bearish Harami’ candle chart pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

182.700000000 – 195.260000000 – 206.300000000 – 161.130000000 – 175.910000000 – 157.230000000 — 65.698735806857 – 57.462907850788

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami – Double bottom retreat down – –