SOL/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support level at 167.000000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 186.680000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair could go down.

Next a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

179.660000000 – 169.930000000 – 171.730000000 – 167.000000000 – 166.700000000 – 161.130000000 — 52.345849962356 – 49.556239706981

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