SOL/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards

A bearish trend down to the next support line at 197.370000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 213.020000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

213.020000000 – 211.970000000 – 205.990000000 – 197.370000000 – 194.190000000 – 196.030000000 — 41.716342712981 – 41.407491319095

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