SOL/USDT – 4H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish movement down to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of resistance at 253.510000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

253.510000000 – 249.600000000 – 213.020000000 – 235.120000000 – 230.150000000 – 199.320000000 — 42.760174563507 – 35.77640512885

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