Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at is certain.
Caution: A possible counter-trend in the direction of the resistance line at 183.350000000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 193.520000000 |
| 2nd High | 186.680000000 |
| Next High | 183.350000000 |
| Current Price | 179.830000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.350000000 – 179.660000000 – 173.490000000 – 178.920000000 – 176.620000000 – 174.210000000 — 44.960591636886 – 43.46882809931
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –