Next a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination Solana/Tether (SOL/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support line at 178.520000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 186.800000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.
Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Next a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 195.260000000 |
| 2nd High | 193.520000000 |
| Next High | 186.800000000 |
| Current Price | 178.560000000 |
| Next Low | 178.520000000 |
| 2nd Low | 177.510000000 |
| 3rd Low | 176.620000000 |
186.800000000 – 186.180000000 – 183.350000000 – 178.520000000 – 177.510000000 – 179.720000000 — 36.341081100143 – 35.524064023545
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –