SOL/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.

The bearish trend downwards to the next support line at 200.580000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 211.990000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

211.990000000 – 208.620000000 – 202.400000000 – 200.580000000 – 196.770000000 – 177.270000000 — 60.40895860317 – 47.951911991864

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