SOL/USDT – 30M – SELLMoreover a ‘Double bottom retreat down’ chart pattern is existing. The formation shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Solana/Tether (SOL/USDT) goes from the ascending trendline down.
The bearish trend down to the next support line at 200.580000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 208.620000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 209.860000000 |
| Next High | 208.620000000 |
| Current Price | 208.570000000 |
| Next Low | 200.580000000 |
| 2nd Low | 196.770000000 |
| 3rd Low | 177.270000000 |
208.620000000 – 202.400000000 – 185.100000000 – 200.580000000 – 196.770000000 – 177.270000000 — 62.426521604345 – 58.916645016133
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom retreat down – –