There is also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The combination Solana/Tether (SOL/USDT) jumps from the ascending trendline down.
A descending movement down to the next support level at 167.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 182.700000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The pair is likely to go down.
There is also a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.
There is also a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.260000000 |
| 2nd High | 186.680000000 |
| Next High | 182.700000000 |
| Current Price | 180.150000000 |
| Next Low | 167.000000000 |
| 2nd Low | 166.700000000 |
| 3rd Low | 161.130000000 |
179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 54.631224887481 – 50.732197798885
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –