Moreover a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture shows ‘Double bottom retreat down’. this is a bearish chart scenario. The pair is likely to go down.
The pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support level at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 239.780000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 253.510000000 |
| 2nd High | 239.960000000 |
| Next High | 239.780000000 |
| Current Price | 239.600000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
239.780000000 – 239.960000000 – 253.510000000 – 236.910000000 – 235.120000000 – 245.010000000 — 59.844516173263 – 56.270583253233
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double bottom retreat down – –