SOL/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards

The bearish trend downwards to the next support line at 178.920000000 will continue.

Caution: A possible change in the direction of the resistance level at 183.350000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.

Besides a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Tweezers Top’ candle chart pattern is found. The candles show ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

183.350000000 – 179.660000000 – 173.490000000 – 178.920000000 – 176.620000000 – 174.210000000 — 63.504629520675 – 50.899967718303

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –