SOL/USDT – 30M – SELLBesides a ‘Double top retreat up’ chart pattern is found. The chart picture shows ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support line at 125.97 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 128.13 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Besides a ‘Shooting Star’ candlestick pattern is existing. The candles show ‘Shooting Star’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.94 |
| 2nd High | 130.2 |
| Next High | 128.13 |
| Current Price | 126.010000000 |
| Next Low | 125.97 |
| 2nd Low | 123.12 |
| 3rd Low | 122.35 |
128.13 – 127.84 – 125.17 – 125.97 – 123.12 – 122.35 —
127.170000000 – 126.120000000 —
38.446111357754 – 43.701653736925 —
– —
128.13000 – 1769594400
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Shooting Star – Double top retreat up – –