SOL/USDT – 1H – SELL

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

The combination Solana/Tether (SOL/USDT) goes from the bullish trendline down.

A bearish movement downwards to the next support line at 194.150000000 is expected.

Caution: A possible change in the direction of resistance at 204.960000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

204.960000000 – 186.800000000 – 186.180000000 – 194.150000000 – 173.430000000 – 177.510000000 — 62.806775108985 – 58.657136920169

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Double bottom retreat down – –