SOL/USDT – 30M – SELLAlso there is a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Solana/Tether (SOL/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support level at 235.730000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 248.450000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Harami’ candlestick chart pattern is discovered. The chart forms ‘Bearish Harami’. 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 chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 249.600000000 |
| Next High | 248.450000000 |
| Current Price | 240.680000000 |
| Next Low | 235.730000000 |
| 2nd Low | 221.720000000 |
| 3rd Low | 220.530000000 |
248.450000000 – 248.090000000 – 249.600000000 – 241.530000000 – 235.730000000 – 221.720000000 — 44.886261517089 – 41.579960539622
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Harami – Double top chart pattern – –