And also a ‘Double top chart pattern’ chart pattern is found. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Solana/Tether (SOL/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 178.520000000 is expected.
Caution: A possible counter-trend in the direction of resistance at 186.800000000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.
And also a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair could go down.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
And also a ‘Bearish Belt Hold’ candlestick pattern is detected. The candles form ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.260000000 |
| 2nd High | 193.520000000 |
| Next High | 186.800000000 |
| Current Price | 177.580000000 |
| Next Low | 178.520000000 |
| 2nd Low | 177.510000000 |
| 3rd Low | 176.620000000 |
186.800000000 – 186.180000000 – 183.350000000 – 178.520000000 – 177.510000000 – 179.720000000 — 28.912219087371 – 25.326046011018
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Belt Hold – Double top chart pattern – –