SOL/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The combination Solana/Tether (SOL/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support line at is likely expected.

Caution: A possible change in the direction of resistance at 206.300000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘RSI fall below 30’ indicator layout is discovered. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which 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 probability of ‘Three Black Crows’ heading down is 82%.

206.300000000 – 204.670000000 – 184.670000000 – 177.800000000 – 174.800000000 – 173.240000000

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –