Also there is a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘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 ascending trendline downwards
A descent down to the next support line at 210.790000000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 219.790000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 219.790000000 |
| Current Price | 217.960000000 |
| Next Low | 210.790000000 |
| 2nd Low | 201.480000000 |
| 3rd Low | 199.320000000 |
219.790000000 – 217.110000000 – 205.550000000 – 210.790000000 – 201.480000000 – 199.320000000 — 60.368922539166 – 58.031415213427
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Rising Wedge Chart Pattern – –