SOL/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A descent downwards to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 90.44 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

90.44 – 89.62 – 90.03 – 87.63 – 87.47 – 84.43 —
88.550000000 – 88.970000000 —
39.550921314144 – 50.689020623848 —
– —
90.44 – 1778139000

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