SOL/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A descending movement down to the next support at 82.92 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 87.69 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

87.69 – 86.93 – 86.7 – 82.92 – 82.55 – 76.6 —
84.990000000 – 86.090000000 —
43.553427747814 – 54.703286087644 —
– —
87.69 – 1771293600

Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –