SOL/USDT – 1H – SELL

In addition a ‘Double bottom retreat down’ chart layout is found. The chart picture forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

The pair Solana/Tether (SOL/USDT) moves from the ascending trendline down.

A descending movement down to the next support level at 194.150000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 204.960000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

204.960000000 – 186.800000000 – 186.180000000 – 194.150000000 – 173.430000000 – 177.510000000 — 67.812992052235 – 61.693791161291

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